Indonesian Political, Business & Finance News

Minister Bahlil to Unveil Indonesia's Strategy to Prevent Energy Crisis

| Source: CNBC Translated from Indonesian | Energy
Minister Bahlil to Unveil Indonesia's Strategy to Prevent Energy Crisis
Image: CNBC

The stability of energy supplies in various countries, including Indonesia, has been threatened by rising geopolitical tensions, particularly the conflict involving Iran, Israel, and the United States. These tensions have disrupted energy distribution globally and triggered significant price spikes.

Learning from this, mitigation measures to reduce the impact of geopolitical shocks are crucial. One key approach is strengthening national energy security. By achieving energy self-sufficiency, Indonesia aims to reduce its dependence on oil imports while maintaining national economic stability against the effects of global energy price fluctuations.

Boosting domestic oil and gas production, electrification, and the energy transition play vital roles in saving foreign exchange, improving the trade balance, and creating added value and a multiplier effect for national economic growth.

To explore these mitigation and energy security strategies in depth, CNBC Indonesia is hosting the Energy Forum with the theme “Mitigation Strategies for National Resilience in Response to Global Energy Shocks”. This strategic forum brings together regulators, legislators, and business players to discuss the energy sector’s role in strengthening national energy resilience amidst global geopolitical dynamics and energy price volatility.

The forum features a keynote speech by the Minister of Energy and Mineral Resources, Bahlil Lahadalia, followed by cross-stakeholder discussions on boosting domestic oil and gas production, improving the investment climate, and harmonising policies to maintain national energy security amid global market uncertainty.

Speakers include Chairman of Commission XI of the House of Representatives Mukhamad Misbakhun, Chairman of Commission XII Bambang Patijaya, Director General of Oil and Gas Laode Sulaeman, Director General of New, Renewable Energy and Energy Conservation Eniya Listiani Dewi, Director General of Spatial Planning Suyus Windayana, Deputy for Food and Agriculture Coordination Widiastuti, National Energy Council Member Mohamad Fadhil Hasan, Head of the Downstream Oil and Gas Regulatory Agency Wahyudi Anas, SKK Migas Deputy for Exploration, Development and Work Area Management Rikky Rahmat Firdaus, Deputy CEO of PT Pertamina (Persero) Oki Muraza, CEO of Pertamina NRE John Anis, and Vice President of Exploration at Pertamina Hulu Rokan Suprayitno Adhi Nugroho.

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