Indonesia is launching a major energy expansion by opening 108 untapped oil and gas basins to both domestic and foreign investors, aiming to boost national production to 1 million barrels of oil per day and 12 billion standard cubic feet of natural gas daily by 2029. Out of 128 hydrocarbon basins identified across the archipelago, only 20 have been developed so far, prompting the government to accelerate exploration with significant funding for advanced geological surveys to lay the technical groundwork for new initiatives.To attract investment, Indonesia has updated its regulatory framework with new licensing and joint management rules, while also preparing 75 oil and gas blocks across Sumatra, Kalimantan, Sulawesi, Papua, and offshore sites—nine of which are already designated for development. The expansion strategy is reinforced by large-scale infrastructure projects, including pipelines, refinery upgrades, expanded storage, and enhanced cargo shipment capacity, all designed to strengthen energy security and support sustainable growth.Source: https://jakartaglobe.id/business/indonesia-offers-108-untapped-oil-and-gas-basins-to-global-investors  (ICE GIACARTA)

Fonte notizia: Jakarta Globe, 25 November 2025