Democracy
Lawsuits Target Energy Giants: Rebellion & Referendum
|
By Jennifer Huang | World Power I: Business & Law
Page 3 of 11
Aceh, at the northern end of Sumatra, is a lush country of farmers, fishermen, tropical rainforest and endangered orangutan. Until the 1970s, rubber and coffee plantations dominated the economy, along with rice and tobacco, and timber products like paper pulp and palm oil. All that changed with the discovery in 1971 of even greater riches beneath the fertile soil — natural gas and oil. With facilities near the northern towns of Lhokseumawe and Lhoksukon, Acehnese operations made Indonesia the world’s leading exporter of liquid natural gas (LNG). Bloomberg news reported in December 12, 2001, that the Indonesian government in Jakarta brings in an estimated US $1.7 billion from the operations in Aceh.