Indonesia … the forgotten member of OPEC?

Given my last post and as further reminded by an article at, we should keep Indonesia in the back of our minds. I am personally less than bullish on the specific companies mentioned in the article, but I do believe that Indonesia – as a market and opportunity – is often unfairly “penalized” or “ignored” by mainstream investors who conjure up images of tsunami destruction, Bali bombing chaos, or post-Suharto political confusion when they hear the country’s name mentioned. As notes,

1. It has the fourth highest population in the world.
2. Major products include petroleum, natural gas, textiles, apparel, minerals, palm oil, rice, tea, coffee,   spices, and rubber.
3. It is number 21 of all countries in terms of gross domestic product.
4. They are number 15 in terms of GDP by Purchasing Power Parity.
5. It is is Southeast Asia’s only member of OPEC.
6. They had a a trade surplus in 2005.
7. It is a republic, with an elected president and parliament.

Seems to me that we should look into PT Pertamina a bit more. Stay tuned.

This entry was posted on Tuesday, July 24th, 2007 at 9:29 am and is filed under Indonesia, PT Pertamina, Uncategorized.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.