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Domestic Component Level (TKDN) of Goods and Services in the Oil and Gas Sector, 2006-June 2016
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In 2015, the domestic component level (TKDN) value for procurement of goods and services in the oil and gas sector decreased from 54.4 percent to US$7.9 billion compared to the previous year. However, in percentage terms, the use of TKDN increased to 68 percent. The previous year, the TKDN percentage only reached 54 percent.
This decrease in TKDN is expected to continue in 2016, in line with the continued sluggishness of the oil and gas sector due to the still-unrecovering global crude oil prices. Until June 2016, the value of TKDN for procurement of goods and services in the oil and gas sector only reached US$4.5 billion with a 46 percent share.
As for goods procurement in 2015, it was recorded at US$2.6 billion, a decrease of 53.4 percent compared to the previous year. Meanwhile, service procurement was recorded at US$5.3 billion, a decrease of 55 percent compared to the previous year.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy,
but please note that automated translations may contain errors or slight inconsistencies."