Plans to double oil refining capacity by 2025 are advancing as Indonesia works to enhance security of supply, while reducing its fuel import bill. In May 2016 state oil company Pertamina signed an agreement with Russia’s Rosneft for the first of two 300,000-barrel-per-day (bpd) refineries and took a major step forward in the revamping of its...
The country’s plans to raise generation capacity to meet soaring demand have been boosted by the signing of power purchase agreements (PPAs) for over 17 GW with independent power producers (IPPs) in 2015. The high level of investor interest, principally from IPPs in China, South Korea and Japan, offers hope to the administration of President...
Development of Indonesia’s energy sector to meet rapidly rising demand and sustain economic growth is arguably the most daunting challenge facing the administration of President Joko Widodo. A combination of economic growth, increased urbanisation and cheap energy supplies, resulting from fuel and electricity subsidies, have all led to sharp...
As the top nickel producer globally in 2013, the second-biggest coal exporter in 2015 and host to one of the largest copper and gold mines in the world, Indonesia has the capacity to compete with the most prolific mining nations. However, this potential has not necessarily been translated into strong production figures in recent times, and the domestic mining sector has suffered markedly over...
Development of Indonesia’s energy sector to meet rapidly rising demand and sustain economic growth is arguably the most daunting challenge facing the administration of President Joko Widodo. A combination of economic growth, increased urbanization and cheap energy supplies, resulting from fuel and electricity subsidies, has led to sharp demand growth. Total primary energy consumption has risen...
The Indonesian government is in the midst of pursuing an ambitious new growth strategy, emphasizing investment over domestic consumption as a primary growth driver in the wake of depressed commodity prices, lagging household consumption and lower-than-anticipated government revenues.
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