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

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.
06 Apr 26
Indonesia: Lion Energy provides update on planned Bula Karang 1 well
Lion Energy has provided an update on progress at its Bula Karang-1 drilling project. Rig secured for 12 million barrel (P50) exploration well in the East Seram PSC within budget. Bula-Karang-1 well has an estimated 38% probability of success.
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.

Indonesia - more news

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