#Energy
Indonesia to build US$12.5 billion oil refinery to boost energy security, cut imports
The Ministry of Energy and Mineral Resources (ESDM) has announced plans to build a new oil refinery as part of the national energy downstreaming strategy, with potential funding from the Daya Anagata Nusantara Investment Management Agency (Danantara) worth US$12.5 billion (Rp203.87 trillion).
President approves US$40 billion downstreaming plan to boost energy, mining sectors
President Prabowo Subianto has approved the proposal for the first stage of downstreaming list for 2025 submitted by the National Downstream and Energy Resilience Task Force.
Indonesia's energy minister says EBET Bill not a priority amid mining law debate
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, said that discussion of the Draft Law on New Energy and Renewable Energy (RUU EBET) was not yet a priority.
Bahlil Lahadalia
Bahlia Lahadalia was born in Maluku, Indonesia in 1976. He is the current Minister of Investment/ Investment Coordinating Board. He is the son of a father who is a construction worker and a mother who’s a cake seller. The limitations he had since childhood made him an independent and a tough man. When he was in elementary school at SDN 1 Seram Timur, Maluku, he helped his family by selling cakes. When he entered junior high school at SMPN 1 Seram Timur, Maluku, he once became a angkot conductor, selling fishes, helping as an excavator helper to fill his needs, then at SMEA YAPIS Fakfak, Papua (voffice.co.id; telisik.id), he became an angkot driver by working part-time. Even though life is hard and working while attending school, he still has good grades and became the student council president (OSIS). He then went to Jayapura, Papua to find a university to enrol but rejected and without money, Bahlil then stayed in a boarding school, and was encouraged by the head of the boarding school who then would be the Deputy Governor of West Papua later on to study at a university, with unlimited enthusiasm and encouragement from the head of the boarding school, he enrolled himself for undergraduate studies at the Port Numbay School of Economics, Jayapura, Papua. While enrolling he also became a cart pusher at the nearby market, and a newspaper seller.
Arifin Tasrif
Arifin Tasrif was born in 1953 in Jakarta, he is the current Minister of Energy and Mineral Resources or Menteri Energi dan Sumber Daya Mineral (Men ESDM). Tasrif started his education at Elementary School or Sekolah Dasar (SD) St. Xaverius in 1959 until 1965 and Junior High School or Sekolah Menengah Pertama (SMP) Kanisius in 1965 until 1968 in Jakarta. Tasrif continued his education to the high school level at the Harapan Education Foundation, Medan in 1968 until 1971. After graduating he studied Chemical Engineering at the Bandung Institute of Technology or Institut Teknologi Bandung (ITB) in 1971 until 1977. The ASEAN Federation of Engineering Organization gave an Honorary Fellowship Award in 2011, because Arifin has contributed to the engineering profession in Indonesia and the Southeast Asian region.
PLN secures €6.5M grant from EU, AFD to accelerate clean energy transition
State energy utility company PT PLN has received a grant of €6.5 million (Rp110 billion) from the European Union (EU) and the Agence Française de Développement (AFD) in assistance to Indonesia’s energy transition agenda.
Indonesia plans domestic LPG production plant to reduce import dependency
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, said the government has planned to build a liquefied petroleum gas (LPG) production plant in Indonesia, as an effort to meet the supply for LPG consumption which is dominated by imports.
Indonesia's JETP faces criticism over delayed funding
Hashim Sujono Djojohadikusumo, the President's Special Envoy for Climate and Energy, has assessed the Just Energy Transition Partnership (JETP) as a failed program because there has not been a single fund disbursed by the U.S. Government through the program.
Indonesia set to build new petroleum storage facility, boost energy reserves
The government has planned to increase national energy buffer reserves from 21 days to 51 days by establishing a petroleum storage facility on Nipa Island, Riau Islands.
Early retirement of Cirebon-1 PLTU set to attract investment, boost energy transition
The Cirebon-1 Coal-fired Power Plant (PLTU), which is planned for early retirement, is estimated to attract investment worth US$198 million (Rp3.2 trillion) through the construction of a solar panel and electric battery factory.
PLN unveils US$4.4 B project to support 8-percent economic growth target
State power utility PT PLN has confirmed its commitment to supporting the 8-percent economic growth target through the development of electricity infrastructure that will cater the needs of industry, new areas development, and remote regions.
Upstream oil & gas sector welcomes newly established CCS regulation
The upstream oil and gas sector players, grouped under the Indonesian Petroleum Association (IPA), has positively responded to the new Minister of Energy and Mineral Resources (ESDM) Regulation (Permen) No. 16/2024 on the Implementation of Carbon Storage Activities issued on December 24, 2024.