Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Indonesia’s upstream picks up the pace
The government is optimistic that increasing offshore activity and exploration will help revive flagging production, despite energy security fears
Indonesia prioritises domestic needs over LNG exports
The country’s hunger for energy will continue to compete with its LNG exports, even as more gas projects progress and new liquefaction capacity comes online
Jadestone sees opportunities in Southeast Asia
The AIM-listed independent is pushing ahead with developments in Indonesia, Malaysia and Vietnam, CEO Paul Blakeley tells Petroleum Economist
Indonesia looks to gas to cover growing energy needs
Recent elections and on-going LNG developments highlight the importance of domestic gas demand in the sprawling island nation
Indonesia considers LNG export restrictions
Rising domestic demand and the pressures of net zero are prompting the Southeast Asian country to look at limiting outflows of gas
Asia’s NOCs chart paths to decarbonisation
But none of the companies are poised to abandon oil and gas anytime soon
Indonesia greenlights more projects
Jakarta is seeking to accelerate upstream developments and encourage more foreign investment
Licensing round October update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Pacific LNG producers prepare for crunch
There may be little spare capacity in the region
Harbour plans Indonesian FID for end-2023
The UK firm is expanding its Indonesian upstream presence
Indonesia
Craig Guthrie
3 December 2019
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

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
Trump’s energy report card
11 August 2025
The administration is pushing for deregulation and streamline permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
OPEC+ off-target in July
8 August 2025
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
The great OPEC+ reset
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
Latest EU sanctions largely toothless
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy

Share PDF with colleagues

Rich Text Editor, message-text
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Rich Text Editor, txt-link-message
Editor toolbarsBasic Styles Bold ItalicParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase IndentLinks Link Unlinkabout About CKEditor
Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search

  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search