Indonesia moves to slash energy imports
President Widodo is pushing the upstream and downstream sectors hard to meet domestic demand
Indonesia’s government has overhauled the Pertamina leadership and set ambitious new exploration targets to further reduce the country’s dependence on oil and gas imports, which despite volume falling by nearly 20pc year-on-year, according to Statistics Indonesia (BPS), are still a drag on economic growth. President Joko Widodo, widely known as Jokowi, reshuffled the leadership of the country’s NOC, Pertamina on 22 November. He appointed Basuki Tjahaja Purnama, known as Ahok, as president commissioner, telling the popular former mayor of Jakarta—who only in January was released three and a half months early release from his two-year blasphemy sentence—to prioritise reducing imports. Widodo h
Also in this section
15 May 2025
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference
