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
| 21 May 26 |
Indonesia: Eni strengthens its global LNG strategy with long-term supply agreements in Indonesia Eni signed three long term agreements with the LNG sellers of South Hub and North Hub gas projects, both operated by Eni with a material participating interest averaging in excess of 80% across the 2 hubs, for the purchase of liquefied natural gas in Indonesia. These contracts further strengthen Eni’s global LNG portfolio and reinforce Indonesia’s role as a strategic supplier to regional and international markets. |
| 21 May 26 |
Indonesia: INPEX awarded exploration rights offshore Eastern Java, Indonesia INPEX CORPORATION has jointly been awarded rights to explore the Barong Working Area located offshore Eastern Java in Indonesia as part of the second Indonesia Petroleum Bidding Round 2025 hosted by the Ministry of Energy and Mineral Resources of Indonesia. |
| 20 May 26 |
Indonesia: bp signs three production sharing contracts in Indonesia bp and its partners signed three Production Sharing Contracts (PSC) in Indonesia, bringing bp’s total participation in oil and gas blocks in the country to 11. Two of the PSCs are for the Bintuni and Drawa exploration blocks, which are located near existing bp-operated Tangguh LNG in Papua Barat, creating potential for short-cycle development. bp also confirmed its participation in the INPEX-operated Barong block in East Java. |
| 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. |
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
