ESDM ministry sticks to 1-million BOPD target by 2030 despite challenges

  • Published on 02/05/2025 GMT+7

  • Reading time 2 minutes

  • Author: Renold Rinaldi

  • Editor: Imanuddin Razak

The Ministry of Energy and Mineral Resources (ESDM) has reaffirmed its commitment to achieving the national oil production target of 1 million barrels of oil per day (BOPD) by 2030, despite mounting doubts about the target feasibility.

ESDM Minister Bahlil Lahadalia said the ministry would not revise its production roadmap, insisting the target remains aligned with the national upstream oil and gas master plan.

“Even if it seems irrational, as a soldier and an aide to the President, I believe this target is achievable. We’ve been ordered by the President to pursue 900,000 to 1 million barrels per day, so we must not back down before the fight,” Bahlil told reporters during a visit to Pertamina Hulu Mahakam and Eni Indonesia in Senipah, Kutai Kartanegara, East Kalimantan, on Wednesday, April 30, 2025.

The 1-million-BOPD target has met with skepticism from industry analysts and stakeholders, citing declining oil reserves, aging fields, and limited exploration investment. However, Bahlil emphasized the administration’s determination to press forward with upstream revitalization efforts.

In addition to the oil production goal, Bahlil also addressed concerns over the country's looming gas deficit. He acknowledged that the deficit was initially caused by a surge in domestic gas consumption and inadequate forecasting of demand.

“The gas shortfall is due to increased domestic demand that was not properly accounted for,” he said.

“But after reviewing the data, we believe production should be prioritized to meet domestic needs,” he added.

The minister reassured that, as of now, Indonesia has not resorted to gas imports and stressed the government’s commitment to maintaining gas self-sufficiency.

“There are no gas imports today, and we are doing our utmost to avoid them,” Bahlil asserted.

Looking ahead, Bahlil projected that Indonesia’s gas lifting will increase in 2026 and 2027. He said the government aims to avoid gas imports in 2026 unless the situation becomes extremely urgent.

“Unless we face a critical emergency, we must have confidence that our domestic production can meet national demand,” Bahlil concluded.

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