Project Number 38919-014
Country Indonesia
Location Irian Jaya Barat, Indonesia.
Approval Number 7224/2214
Type or Modality of Assistance
7224/2214 Loan US$ 350.00 million Approved
Strategic Agendas Inclusive economic growth
Drivers of Change Private sector development
Sector / Subsector

Energy - Conventional energy generation

Gender Equity and Mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 2
Responsible ADB Officer Masayuki Kanda
Project Sponsor(s) Kanematsu Corporation
LNG Japan Corporation
Overseas Petroleum Corporation
Japan Oil, Gas, and Metals National Corporation
Nippon Oil Exploration Ltd
China National Offshore Oil Corporation
INPEX Corporation
Mitsubishi Corporation
Objectives and Scope
Linkage to Country/Regional Strategy The Project supports and contributes to the promotion of ADB's operational priorities, particularly (i) generating substantial financial benefits for both the central and local governments to enable sustainable economic growth, which can reduce poverty, as well as directly assisting various poverty reduction initiatives in Irian Jaya Barat; (ii) supporting government policy of restructuring the oil and gas subsector with the largest private sector investment since the financial crisis in 1997; (iii) supplying clean energy to countries in the region, e.g., PRC, where serious environmental degradation including acid rain have resulted from the overuse of coal as a primary fuel; and (iv) promoting regional cooperation through increased energy trade in the region.

Safeguard Categories

Environment A
Involuntary Resettlement A
Indigenous Peoples A

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation

Timetable for assistance design, processing and implementation

Concept Clearance 18 Jun 2004
Due Diligence 16 Aug 2005
Credit Committee Meeting 28 Oct 2005
Approval 14 Dec 2005
PDS Creation Date 28 Aug 2006
Last PDS Update 19 Sep 2013

This page was generated from on 25 February 2017