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)|
|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)|
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
|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.)|
Indonesia - recent news
|14 Jan 21
||Indonesia: Cue Energy commences oil production from the PB field in the Mahato PSC in Indonesia
Cue Energy reports that commercial production of oil has commenced from the PB field in the Mahato PSC in Indonesia and the dispute between Cue and the Joint Venture partners has been settled. Cue Energy Resources holds a 12.5% participating interest in the Mahato PSC.
|11 Jan 21
||Indonesia: Lion Energy reports processing of 664 kms of high resolution 2D data over the East Seram PSC is on track
Lion Energy reports that processing is on track of the 664kms of high resolution 2D data recorded in November 2020 offshore Seram Island in the East Seram PSC. The survey is designed to investigate some large leads on the offshore Kobi area with areal closure up to 30 sq km and also the potential extension of the 20 mmbbl Bula oil field and other leads in the Bula Bay area.
|11 Dec 20
||Indonesia: Jadestone Energy announces closing of the Lemang PSC acquisition
Jadestone Energy has announced that all conditions required to complete its proposed acquisition of an operated 90% interest in the Lemang PSC, onshore Indonesia, are now satisfied.
|05 Dec 20
||Indonesia: INPEX signs MoU on LNG supply from Abadi LNG Project, Masela Block, Indonesia
INPEX announced that through its subsidiary INPEX Masela, and on behalf of its joint venture partner Shell Upstream Overseas, it has signed a memorandum of understanding (MOU) with PT Perusahaan Gas Negara Tbk (PGN) concerning the domestic LNG supply from the Abadi LNG Project.
|02 Nov 20
||Indonesia: Lion Energy to acquire 545 km marine seismic program in East Seram PSC
Lion Energy is acquiring a 545km high resolution 2D marine seismic program offshore of Seram Island. The survey will target seven prospects & leads with significant prospective resources.
Indonesia - more news
Other countries in this region
- Hong Kong,
- New Zealand,
- North Korea,
- Papua New Guinea,
- South Korea,
- Sri Lanka,
- Timor Leste,