Indonesia Ranks Second in Global Energy Shock Resilience According to JP Morgan

Jakarta (ANTARA) - Coordinating Minister for the Economy Airlangga Hartarto views the JP Morgan Asset Management report, which positions Indonesia as the most resilient country against energy shocks, as a reflection of the nation’s energy resilience. As is known, the latest Eye on the Market report titled Pandora’s Bog: The Global Energy Shock of 2026, released on 21 March 2026, places Indonesia in second position among the most resilient countries to global energy volatility. At a press conference in Jakarta on Friday, Menko Airlangga said that these findings affirm the direction of the government’s consistent energy resilience policies amid geopolitical dynamics and energy commodity price fluctuations. “This result is not merely an appreciation of the current condition, but a validation of the government’s long-term policy choices in maintaining a balance between the utilisation of domestic energy sources and the acceleration of energy transition,” he stated. Nevertheless, Airlangga emphasised that this achievement does not make the government complacent towards various risks. The government will continue to strengthen several policies, including the optimisation of domestic oil and gas production to reduce the oil and gas trade deficit and increase non-tax state revenues (PNBP). In addition, the government is pushing for the acceleration of energy transition through the development of new renewable energy (EBT) in accordance with the National Electricity General Plan (RUKN) and the Electricity Supply Business Plan (RUPTL), as well as expanding the adoption of battery-based electric motor vehicles.