{
    "success": true,
    "data": {
        "id": 2008671,
        "msgid": "indonesia-accelerates-oil-gas-exploration-amid-geopolitical-turmoil-1790675513",
        "date": "2026-09-29 16:24:44",
        "title": "Indonesia accelerates oil, gas exploration amid geopolitical turmoil",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Energy",
        "summary": "The Indonesian government is accelerating oil and gas exploration efforts to achieve a production target of one million barrels per day by 2029\u20132030. This strategic move aims to bolster national energy self-sufficiency and mitigate the impact of global supply chain volatility caused by Middle East conflicts.",
        "content": "<p>\u201cWe are ensuring that exploration is accelerated. We will also\nprovide various forms of facilitation,\u201d Deputy ESDM Minister Yuliot said\nhere on Tuesday.<\/p>\n<p>Yuliot explained that the acceleration strategy would cover both\ngovernment-led exploration and private-sector operations.<\/p>\n<p>The government has identified several oil and gas fields with\nproduction potential of 2,500 to 3,000 barrels per day. Development at\nthese sites will be accelerated through 2027 and 2028.<\/p>\n<p>The measure is aimed at achieving Indonesia\u2019s target of producing one\nmillion barrels of oil per day by 2029\u20132030 and securing national energy\nself-sufficiency amid volatility in global supply chains.<\/p>\n<p>\u201cSince a large portion of our crude oil supply is still imported, we\ncertainly need to look at domestic sources and determine how to increase\nproduction from them,\u201d Yuliot said.<\/p>\n<p>\u201cWe will ramp up this exploration and exploitation in 2027 and 2028\nso that our one-million-barrel target can be achieved,\u201d he added.<\/p>\n<p>The urgency comes amid sharp increases in global oil prices fueled by\nthe escalating conflict in the Middle East.<\/p>\n<p>The price surge followed US President Donald Trump\u2019s rejection of an\nIranian proposal for a seven-day ceasefire aimed at reopening the Strait\nof Hormuz and lifting the naval blockade on Iranian ports in exchange\nfor sanctions relief and the unfreezing of assets.<\/p>\n<p>With mediators struggling to secure concessions regarding Iran\u2019s\nnuclear program and the US maintaining tightened sanctions, global\nsupply routes remain heavily disrupted.<\/p>\n<p>Related news: Indonesia identifies 13 new oil and gas wells in E\nKalimantan<\/p>\n<p>Related news: Indonesia to offer 75 oil and gas blocks to\ninvestors<\/p>\n<p>Translator: Putu Indah Savitri, Yashinta Difa<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-accelerates-oil-gas-exploration-amid-geopolitical-turmoil-1790675513",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}