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
| 02 Apr 24 |
Indonesia: Conrad Asia Energy signs Mako gas sale key terms with PGN Conrad Asia Energy, an ASX-listed Asia-focused natural gas exploration and development company, has entered into binding Key Terms for the sale and purchase of the domestic portion of Mako gas with PT Perusahaan Gas Negara Tbk ('PGN'), the gas subsidiary of PT Pertamina (Persero), the national oil company of Indonesia. |
| 12 Mar 24 |
Indonesia: Fugro secures significant marine survey contract on INPEX’s Abadi LNG and carbon capture and storage project INPEX has awarded Fugro a significant marine survey contract for the Abadi liquefied natural gas (LNG) project in Indonesia. The Abadi LNG project is based on an onshore LNG development scheme that INPEX is developing in partnership with PT Pertamina Hulu Energi Masela and PETRONAS Masela in the Masela block. |
| 03 Mar 24 |
Indonesia: Conrad Asia Energy signs MoU with PGN for commercialisation of Aceh gas Conrad Asia Energy has entered into an MOU with PGN, the gas subsidiary of Pertamina (Persero), the national oil company of Indonesia. Under the terms of the MOU, Conrad will cooperate in the provision of gas or LNG supply and development infrastructure for gas resources from its two Aceh PSCs offshore Indonesia - ONWA and OSWA. |
| 23 Feb 24 |
Indonesia: Conrad Asia Energy receives ministerial approval of Mako gas price and volume allocation Conrad Asia Energy has announced that the gas price and volume allocation for the Mako field project in the Duyung PSC has been approved by the Indonesian Minister of Energy and Natural Resources. The Mako project will contribute to Indonesia’s target of doubling gas production by 2030. |
| 03 Feb 24 |
President of Indonesia Joko Widodo meets Eni CEO Claudio Descalzi The President of the Republic of Indonesia Joko Widodo met Eni Chief Executive Officer Claudio Descalzi in Jakarta on Feb 2, to discuss the company’s ongoing activities in the country and to outline initiatives in the areas of energy transition and decarbonization. |
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
