Indonesian imports set to rocket as crisis bites

Indonesia could see its imports rise dramatically unless the government implements a strategic energy plan to boost domestic production Indonesia could see its imports rise dramatically unless the government implements a strategic energy plan to boost domestic production.
By Damon Evans 19 May 2017 0 25979
An offshore rig at Indonesia’s Mahakam block. The country could see a 2.5 MMboe/d shortfall. (SKKMigas)

Indonesia’s reliance on oil and gas imports could jump by 500% by 2025 unless action is taken. The stark warning was given by Eddy Tamboto, managing director of the Boston Consulting Group, speaking at the Indonesian Petroleum Association’s (IPA’s) conference in Jakarta. Tamboto added that the Indonesian government must implement a long-term strategic plan to boost output as domestic demand soars. 

Analysts estimate the country will have a supply shortfall of 2.5 million barrels of oil equivalent per day (MMboe/d) in 2025 unless the former...

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