Central & SE Asia / Australasia
Country profile: Indonesia
| Location: | Southeastern Asia, archipelago between the Indian Ocean and the Pacific Ocean |
| Climate: | tropical; hot, humid; more moderate in highlands |
| Terrain: | mostly coastal lowlands; larger islands have interior mountains |
| Size: | 1919440 sq. km total (Land area: 1826440 sq. km Water area: 93000 sq.km) |
| Population: | 237,512,355 (July 2008 est.) |
| Languages: | Bahasa Indonesia (official, modified form of Malay), English, Dutch, local dialects (the most widely spoken of which is Javanese) |
| Government: | republic |
| Capital city: | Jakarta |
| Legal system: | based on Roman-Dutch law, substantially modified by indigenous concepts and by new criminal procedures and election codes; has not accepted compulsory ICJ jurisdiction |
| Currency: | Indonesian rupiah (IDR) |
| Licensing: |
Country profile
Indonesia has the largest population in Southeast Asia and the fourth largest population in the world (behind China, India, and the United States). In 1962, Indonesia joined the Organization of the Petroleum Exporting Countries (OPEC) and became a net importer of oil in 2004.
The Dutch began to colonize Indonesia in the early 17th century; the islands were occupied by Japan from 1942 to 1945. Indonesia declared its independence after Japan's surrender, but it required four years of intermittent negotiations, recurring hostilities, and UN mediation before the Netherlands agreed to relinquish its colony. Indonesia is the world's largest archipelagic state and home to the world's largest Muslim population.
Current issues include: alleviating poverty, preventing terrorism, consolidating democracy after four decades of authoritarianism, implementing financial sector reforms, stemming corruption, holding the military and police accountable for human rights violations, and controlling avian influenza. In 2005, Indonesia reached a historic peace agreement with armed separatists in Aceh, which led to democratic elections in December 2006. Indonesia continues to face a low intensity separatist movement in Papua.
Energy production and consumption
| Oil | Gas | |
| Production: | 1 million bbl/day (2006 est.) | 74 billion cu m (2006 est.) |
| Consumption: | 1 million bbl/day (2006 est.) | 37 billion cu m (2006 est.) |
| Exports: | 470,000 bbl/day (2006 est.) | 29 billion cu m (2006 est.) |
| Imports: | 500,000 bbl/day (2006 est.) | |
| Reserves: | 4 billion bbl (2007 est.) | 2 trillion cu m (1 January 2007 est.) |
| Major fields: |
Indonesia - recent news
| 19 Mar 26 |
Indonesia: Vallourec secures a Carbon Storage contract with BP Berau in Indonesia Vallourec, a world leader in premium seamless tubular solutions, announces that it has secured a contract with BP Berau to supply premium Corrosion Resistant Alloy (CRA) pipes and VAM® connections for the development of the Tangguh project, the first Carbon Capture and Storage (CCS) offshore project, in Papua Barat province, Indonesia. |
| 18 Mar 26 |
Indonesia: Eni moves forward with major deep water gas hubs in Indonesia with dual FIDs Eni has taken the Final Investment Decisions (FIDs) for the Gendalo and Gandang gas project (South Hub) and for the Geng North and Gehem fields (North Hub), only 18 months after the approval of the Projects of Development (PODs) in 2024. The milestone confirms the fast pace of development of Eni’s deep-water gas projects offshore East Kalimantan. |
| 13 Mar 26 |
Indonesia: PETRONAS confirms hydrocarbon discovery at Barokah-1, East Java, Indonesia PETRONAS has made its first hydrocarbon discovery at the Barokah-1 exploration well located within the North Ketapang Production Sharing Contract (PSC), offshore East Java, Indonesia. |
| 09 Mar 26 |
Indonesia: Seatrium completes Karimun Yard divestment Seatrium refers to its earlier announcement dated 23 February 2026 in relation to the divestment of its Karimun Yard located on Karimun Island, Indonesia. The Group wishes to announce that the divestment has been completed on 9 March 2026. This divestment, together with other non-core asset divestments disclosed in the earlier announcement, is expected to deliver over S$50 million in annualised cost savings upon completion. |
| 03 Mar 26 |
Indonesia: Final Investment Decision approved for Mako Gas Project Empyrean Energy refers to the announcement by Conrad Asia Energy that it and its majority-owned subsidiary, West Natuna Exploration, as operator of the Duyung Production Sharing Contract (PSC), have approved the Final Investment Decision ('FID') for the Mako Gas Project, offshore Indonesia. Empyrean continues to hold a participating interest in the Duyung PSC. |
Indonesia - more news
Other countries in this region
- Australia,
- Bangladesh,
- Brunei,
- Cambodia,
- China,
- Fiji,
- Hong Kong,
- India,
- Japan,
- Laos,
- Malaysia,
- Maldives,
- Mongolia,
- Myanmar,
- Nepal,
- New Zealand,
- North Korea,
- Pakistan,
- Palau,
- Papua New Guinea,
- Philippines,
- Singapore,
- South Korea,
- Sri Lanka,
- Taiwan,
- Thailand,
- Timor Leste,
- Vietnam
