double-skinned crabsVietnamese crab exportergood crabexellent crab

Prabowo Sets Three-Year Target to End Indonesia’s Oil, LPG Imports

Theressia Silalahi, Antara
August 25, 2026 | 5:34 pm
SHARE
President Prabowo Subianto greets the audience as he joins the annual session with the parliament in Jakarta on August 14, 2027. (Antara Photo/Fauzan)
President Prabowo Subianto greets the audience as he joins the annual session with the parliament in Jakarta on August 14, 2027. (Antara Photo/Fauzan)

Jakarta. President Prabowo Subianto said Indonesia aims to end oil and liquefied petroleum gas (LPG) imports within three years, setting an ambitious energy self-sufficiency target as the government seeks to reduce its dependence on fossil fuels and volatile global energy markets.

“We must no longer import even a single barrel of oil. God willing, in the shortest possible time, we must no longer import even a single LPG cylinder,” Prabowo said Tuesday, according to a broadcast by the Presidential Secretariat.

He made the remarks while launching a 100-gigawatt-peak (GWp) solar power program in Jembrana, Bali, describing energy independence as a key pillar of national sovereignty.

Indonesia remains heavily dependent on fossil fuels, which account for roughly 87% to 89% of its primary energy mix. Coal alone generates more than 60% of the country’s electricity, despite Indonesia being one of the world’s largest coal producers.

ADVERTISEMENT

The country has also become increasingly reliant on imported oil. Once a major oil exporter and member of the Organization of the Petroleum Exporting Countries (OPEC), Indonesia became a net oil importer in 2004, leaving its economy and fiscal position more exposed to global crude prices and import costs.

Indonesia consumes about 1.6 million barrels of oil a day but produces only around 608,000 bpd, creating a supply shortfall that requires imports of roughly 1 million bpd of crude and refined petroleum products.

Prabowo said the government would address the gap by combining a major expansion of renewable power with efforts to increase domestic oil and gas production.

The government plans to build 100 GW of solar power capacity within three years, a target Prabowo said could potentially be achieved even sooner.

The scale of the target is significant but remains well below Indonesia’s estimated solar potential of about 3,294 GWp. As of 2026, however, the country had installed only around 1.5 GWp of solar capacity, highlighting the scale of the expansion required to meet the government’s goal.

The planned 100 GW of new solar capacity is also roughly equivalent to Indonesia’s entire current installed electricity capacity, which stands at about 88 GW across coal, oil, gas, geothermal and other sources, according to Prabowo.

“We will build 100 gigawatts, and we are not playing around. Our target is 100 gigawatts in three years,” he said.

Prabowo said the solar expansion would be accompanied by greater development of geothermal resources, newly discovered gas fields and higher domestic oil production.

“With 100 gigawatts, the geothermal resources we have, the gas fields we have discovered and oil lifting that must continue to increase, we must no longer import even a single barrel of oil,” he said.

He also urged his cabinet to work aggressively and focus on measurable results in managing the country’s natural resources for public welfare.

Prabowo did not elaborate on the program’s technical details or financing.

Energy and Mineral Resources Minister Bahlil Lahadalia said the 100-GWp solar program would require an estimated $73 billion (Rp 1,292 trillion) in investment. He said the program could also reduce electricity costs by around Rp 73.9 trillion ($4.5 billion). 

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


News Oct 18, 2026 | 1:47 pm

Books on Prabowo's Ideas Distributed Free at Jakarta Car-Free Day

Prabowo, who took office on Oct. 20, 2024, will mark the second anniversary of his presidency on Tuesday.
Business Oct 16, 2026 | 7:56 am

Two Years Into Prabowo Presidency, Infrastructure Takes Back Seat

Prabowo’s social spending push raises concerns over infrastructure delays and uneven growth beyond Java.
Business Oct 11, 2026 | 3:36 pm

Prabowo, Egypt’s Sisi Talk Trade Pact for $5 Billion Commerce

Egypt's Sisi tells Prabowo that he wants to see annual trade to reach $5 billion by 2030 as Jakarta seeks tariff deals.
News Oct 10, 2026 | 8:40 pm

Egypt's Sisi Arrives in Indonesia for Talks With Prabowo

Egyptian President Abdel Fattah el-Sisi arrives in Indonesia for talks with Prabowo Subianto to strengthen strategic ties.
Business Oct 8, 2026 | 9:40 am

Prabowo to Launch Indonesia’s First Electric Vehicle Battery Export

Indonesia is set to export its first electric vehicle batteries as Prabowo launches a $10.2 billion industrial program.
Business Oct 7, 2026 | 2:06 pm

Bahlil Signals More Ministries May Join New Downstream Coordination

Bahlil signals one or two more ministries could join the new downstream coordination, with the Industry Ministry among those considered.
News Oct 5, 2026 | 10:23 am

Prabowo to Inaugurate Six New Military Commands on TNI Anniversary

Prabowo will inaugurate six new military commands and dozens of other units as Indonesia’s TNI marks its 81st anniversary.
Business Oct 2, 2026 | 8:05 am

Big Spending, Limited Revenue: Economists Question Prabowo’s Economic Strategy

Prabowo’s flagship programs face scrutiny as rising spending, weak job creation and deindustrialization threaten Indonesia’s growth.
News Oct 1, 2026 | 2:00 pm

Breaking: Prabowo Reportedly Set to Reshuffle Energy, Foreign Affairs Ministerial Posts

Prabowo reshuffles energy and foreign affairs portfolios as Bahlil and Sugiono are set for new roles in his seventh cabinet reshuffle.
Business Oct 1, 2026 | 1:29 pm

Prabowo Adds 6% Mortgages, Expands Worker Tax Relief in 2027

Indonesia will offer 6% mortgages to salaried workers and expand tax relief as the government extends economic incentives into 2027.

The Latest


Business 57 minutes ago

MSCI Concerns, Tighter IDX Trading Rules Send Indonesian Stocks Down 5% by Midday

Indonesian stocks plunge 5% by midday as MSCI concerns weigh on sentiment and the IDX tightens its daily downside limit to 7%.
News 1 hours ago

Jakarta Prepares 367 Health Facilities as Haze Reaches the Capital

Jakarta prepares 367 health facilities to treat potential haze-related illnesses after smoke from Sumatra and Kalimantan crosses the region.
News 2 hours ago

Jakarta Expands Flood Prevention With New Water Storage Ponds

Jakarta opens two East Jakarta water storage ponds as it expands flood prevention efforts through reservoirs and river normalization.
Special Updates 2 hours ago

Press Council Highlights AI Ethics at United Tractors Journalist Workshop

United Tractors’ 2026 journalist workshop highlights ethical AI use and the importance of trust and credibility in journalism.
Opinion 2 hours ago

How Indonesia Can Make Forest Protection Pay

Indonesia can make forest protection pay by channeling international climate funds through ecological fiscal transfers to local governments.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED