Central & SE Asia / Australasia

Indonesia flag
Summary | Profile

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

10 May 26
Indonesia: Conrad Asia announces execution of Mako SURF contract
Conrad Asia Energy subsidiary, West Natuna Exploration Limited, the operator of the Duyung PSC in the Natuna Sea, offshore Indonesia, has formally executed a binding contract with PT. Timas Suplindo for the provision of Subsea Umbilical, Flowline, and Riser ('SURF') EPCI contract to support the development of the Mako Gas Field.
07 May 26
Indonesia: Eni’s Geliga 1 giant gas discovery delivers exceptional test results offshore Indonesia
Eni announces that the Geliga-1 discovery has been successfully tested. A Drill Stem Test (DST) was carried out, confirming outstanding reservoir productivity. Test results demonstrate high deliverability, further strengthening the strategic potential of Indonesia’s Kutei Basin and supporting accelerated development options leveraging existing and planned infrastructure.
03 May 26
Indonesia: Empyrean Energy provides Mako Gas Project update
Empyrean Energy, the oil and gas exploration and development company with interests in Australia, Indonesia, and the United States, has provided an update on progress at the Duyung PSC and the Mako Gas Field in Indonesia.
28 Apr 26
Indonesia: TGS Launches South Papua 2D-cubed project enhanced by machine learning
TGS, a leading global provider of energy data and intelligence, has announced the launch of a new 237,700 sq km 2D-cubed project in offshore South Papua, Indonesia.
20 Apr 26
Indonesia: Eni’s major Geliga as discovery confirms the strategic potential of Indonesia’s Kutei Basin and unlocks significant new volumes
Eni has announced a new giant gas discovery made by the Geliga-1 exploration well, drilled in the Ganal block in the Kutei Basin, offshore Indonesia. Preliminary estimates indicate in-place resources of approximately 5 trillion cubic feet (Tcf) of gas and 300 million barrels of condensate in the encountered interval.

Indonesia - more news

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