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
26 March 2025
Well-functioning democracies are required for healthier economies and a thriving oil industry
26 March 2025
Nigeria’s mega-refinery is traversing the world in search of crude for the majority of its needs and may well export large swathes of its products
26 March 2025
Oil majors including Shell, TotalEnergies and Chevron are turning to Suriname’s oil potential as South America’s smallest country seeks to replicate the success of neighbouring Guyana
26 March 2025
The Paris-based energy watchdog is reverting to its core mission and putting security over transition
