#International
CREA: Most Indonesia's steel industry highly emitting, competitiveness at stake
The Indonesian Steel industry needs to shift to low carbon technology in order to compete in global market, considering the iron and steel export value is higher than import and the European Union is determined to impose Carbon Border Adjustment Mechanism (CBAM), a research institution has suggested.
India to participate in multinational naval exercise in February
The Indian Navy will participate in a naval multilateral exercise organized by Indonesian Navy that will be held in Bali in February next year, the Indonesian MIlitary (TNI) Headquarters has revealed.
Tanzania explores LNG investment, collaboration opportunities with Pertamina
The Tanzanian government delegation met with the Ministry of Energy and Mineral Resources (ESDM) to discuss Pertamina's investment plan in Tanzania and learn about processing Liquefied Natural Gas (LNG) with Indonesia.
FM: Indonesia does not recognize China’s nine dash line claim over South China Sea
Minister of Foreign Affairs Sugiono has maintained that Indonesia does not recognize China’s claim of Indonesia’s part of South China Sea or North Natuna Sea, clarifiying the joint statement made between Indonesian President Prabowo Subianto and Chinese Prime Minister Xi Jinping on November 9, 2024.
Global agreement on plastics at risk as petrochemical nations oppose production limits
An agreement reached at the 175-nation Intergovernmental Negotiations Committee (INC-5) for a globally binding rule on plastics in South Korea is in jeopardy, with some petrochemical nations strongly opposed to efforts to target plastic production limits.
Indonesia strengthens cooperation with Melanesian Spearhead Group Nations
Deputy Minister of Foreign Affairs Armanatha Nasir held a series of bilateral meetings with top government executives of countries under the Melanesian Spearhead Group (MSG) on the sidelines of the Group’s Ministerial Meeting on Thursday, November 29, 2024.
Angola Congo Tanzania leaders seek to meet President Prabowo in Jakarta in 2025
President of Angola João Lourenço, President of Congo Felix Tshisekedi, and President of Tanzania Samia Suluhu Hassan have expressed their interests to visit Indonesia and meet President Prabowo Subianto in 2025.
Finland-Indonesia explore digital collaboration on data centers, technology transfer
Finnish Ambassador to Indonesia, Pekka Kaihilahti, has expressed his country's interest to build a data center in Indonesia during a meeting with Minister of Communication and Digital Application (Komdigi) Meutya Hafid on Friday, November 29, 2024.
RI, UK, and BritCham explore carbon market opportunities, sustainable growth investment
Standard Chartered Indonesia, the Government of the United Kingdom and Northern Ireland, and the British-Indonesian Chamber of Commerce (BritCham) held a roundtable in London on Wednesday, November 20, 2024 discussing carbon market opportunities in Indonesia.
“The Economist” strongly criticizes President Prabowo's overseas visit
President Prabowo Subianto's first overseas trip since being inaugurated on October 20, 2024 has drawn sharp criticism from various circles, including The Economist.
Prabowo’s overseas tour and what it means for Indonesia’s foreign policy
President Prabowo Subianto’s recent overseas tour to six countries − China, the United States, Peru, Brazil, the United Kingdom, and the UAE − highlights Indonesia’s active engagement in global diplomacy and its strategic positioning in international relations. The visits, held from November 8 until November 24, 2024, underscored Indonesia's priorities of strengthening economic ties, fostering political partnerships, and advancing multilateral cooperation.
Government seeks new investors for Tuban Grass Root Refinery project
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia said the government is opening the opportunity for new foreign investors to invest in the Tuban Grass Root Refinery (GRR) project if Russia’s Rosneft Oil Co PJSC fails to provide clarity on its commitment to the venture.The refinery project, which involves PT Kilang Pertamina Internasional (KPI) and Rosneft, has faced setbacks partly due to geopolitical issues.“For concession holders on certain working areas, if there is no progress in certain time frame based on the regulation, there is a posibility that we will open bidding for new investors. Because it is state project, it is forbidden to slow the process,” Bahlil said on Friday, November 29, 2024.He added, however, that the government did not close the opportunity for the Russian company to continue with the project. He cited that he has met with Pertamina CEO, but they have not discussed the issue in detail.“I have set the agenda by the end of November, but Indonesia has just finished the regional elections. As chairman of a political party, I have made it clear that regional election is the first priority,” he said.The Tuban refinery, valued at approximately US$3.8 billion (Rp54.2 trillion), is designed to process 300,000 barrels of crude oil per day and produce around 30 million liters of fuel daily, including gasoline and diesel.The project has already encountered obstacles, including land acquisition, incentives, and permits, which Bahlil helped address during his tenure as Minister of Investment.Currently, PT KPI, a subsidiary of State energy compny PT Pertamina, continues to collaborate with Rosneft through PT Pertamina Rosneft Pengolahan dan Petrokimia (PRPP) to progress the project.Hermansyah of KPI confirmed that the Final Investment Decision (FID) is expected to be completed by the foiurth quarter of 2024, expediting the timeline initially set for 2025.As one of Indonesia’s largest oil refinery projects, the Tuban GRR aims to bolster domestic fuel production capacity, enhancing energy security and reducing dependence on imports.