Overview

Earlier this year, the Downstream Regulatory Agency for Oil-and-Gas (Badan Pengatur Hilir Minyak dan Gas Bumi/BPH Migas) predicted that national consumption of oil fuel throughout 2018 would reach some 75 million kiloliters, a figure which breaks down into 51.3 million kiloliters in general oil-fuel consumption (i.e., Premium, Pertalite and Pertamax) and 16.2 million kiloliters of specific oil-fuel consumption (i.e., diesel fuel and kerosene).[1] Unfortunately, however, it has been widely reported that Indonesia's current reserves of oil fuel are only large enough to sustain the country for the next 11 years, which means that the country is at risk of suffering an energy crisis should it fail to find new reserves of fuel oil or alternative sources of energy.[2]