Indonesia is evaluating a potential freeze on nickel smelter expansion, which would significantly affect Chinese mining companies' operations and investment plans in the country's critical mineral sector.
Bahlil Lahadalia
Indonesian President Prabowo Subianto returned to Jakarta Friday after attending Russia's Eastern Economic Forum in Vladivostok, where he met Putin and emphasized Pacific regional connectivity and economic cooperation opportunities.
Indonesia launched a 100-gigawatt solar power program with President Prabowo kickstarting the initiative in Bali, aiming to double the nation's current 88-gigawatt capacity by 2029, potentially creating 5.5 million jobs and saving billions in energy subsidies.
Indonesia unveiled a 194-kilometer green hydrogen corridor linking Jakarta, Karawang, and Patimban to establish integrated supply chains connecting hydrogen production with industrial hubs and ports, supporting the nation's energy self-sufficiency and decarbonization goals under President Prabowo's administration.
President Prabowo virtually inaugurated Indonesia's 20.9 billion dollar Abadi Masela LNG project, a joint venture with Japan and Malaysia designed to produce 9.5 million metric tons of liquefied natural gas annually while advancing the nation's energy security and carbon capture integration goals.
President Prabowo claimed many countries envy Indonesia while launching a biodiesel B50 program in Karawang, asserting the nation's economic success reduces solar import dependence from 3-4 million kiloliters annually to zero through fifty percent palm biodiesel blending.
Indonesia's Energy Minister Bahlil Lahadalia announced the B50 biodiesel programme will save approximately 9.35 billion dollars in foreign exchange by eliminating diesel imports, while creating 2.1 million jobs and reducing emissions by 44.46 million tons of CO2 by 2026.
Indonesia assigned Danantara Investment Management Agency to implement a cross-border electricity trade deal with Singapore, targeting 3.4 gigawatts of power exports by 2035 as part of broader bilateral cooperation across 26 cooperation documents.
Prabowo hosts Belarusian President Lukashenko for strategic talks in Jakarta.
Indonesia will continue importing Russian crude oil to strengthen national energy reserves despite potential Hormuz Strait reopening, with plans to import 150 million barrels through 2026 while diversifying supplies from Africa and the United States.
President Prabowo ordered Investment Minister Rosan Roeslani to present positive economic data publicly, aiming to boost investor confidence and strengthen public optimism regarding Indonesia's investment prospects and economic growth amid global uncertainty.
Indonesia delayed clean power exports to Singapore, with transmission facility construction requiring one to one-and-a-half years, while the government evaluates technical aspects of the 3.4-gigawatt low-carbon electricity agreement signed last year.
Indonesia secured Nigerian crude oil supplies and is diversifying sources from Russia, the United States, and Brazil, as the Strait of Hormuz closure disrupts global oil shipments amid US-Israel-Iran conflict, threatening twenty percent of the nation's previous Middle Eastern imports.
Indonesia postponed planned increases to mineral royalties and export duties in May 2026, with Energy Minister Bahlil Lahadalia citing the need for arrangements benefiting both government and industry, affecting major commodities including nickel, copper, coal, and gold in a significant commodity-producing nation.
At the 48th ASEAN Summit, President Prabowo urged member nations to streamline the APTERR mechanism and develop local food reserves, emphasizing that regional food security requires collective action against climate threats and geopolitical disruptions.
Indonesian President Prabowo Subianto traveled to Cebu, Philippines, on May 7, 2026, to attend the 48th ASEAN Summit, where regional leaders discussed global dynamics, economic cooperation, and strategic issues including energy security and geopolitical coordination.
Indonesia's energy minister announced plans to import 150 million barrels of Russian crude oil gradually through 2026 and explore LPG imports, prioritizing fuel availability amid global geopolitical tensions and energy security concerns.
Indonesia's rupiah currency faces depreciation pressure as heightened geopolitical tensions between the United States and Iran create broader market uncertainty, potentially affecting emerging market stability and investor confidence in regional economies.
Indonesian President Prabowo returned home after attending Russia's 11th Eastern Economic Forum, where he met Putin, delivered a keynote speech, and emphasized strengthening economic and connectivity cooperation between Indonesia and the Eurasian Economic Union.
Indonesia's government is mapping rare earth element concentrations in mineral exports like nickel and copper, revising regulations to provide investor certainty while developing domestic processing infrastructure for these byproducts currently lacking dedicated industries.
After nearly three decades of delays, Japan's Inpex officially began construction on Indonesia's Abadi Masela LNG project, expected to produce 9.5 million tons annually and strengthen the nation's energy security in eastern Indonesia.
President Prabowo inaugurated Indonesia's Abadi Masela LNG project, a nearly 20.9 billion dollar development by Pertamina, INPEX, and Petronas targeting 9.5 million metric tons annual production to boost the nation's industrialization and energy security.
Indonesia's energy ministry plans to convert a projected 3-4 million kiloliter diesel surplus into jet fuel through a new domestic facility, achieving energy independence while ending diesel imports via the B50 biodiesel program rollout.
Indonesia's government prioritizes energy security by pursuing fossil fuel decarbonization rather than phase-out, deploying carbon capture technology at coal plants while maintaining coal usage to prevent energy crises and keep electricity affordable.
Indonesian President Prabowo Subianto received Singapore Prime Minister Lawrence Wong at Merdeka Palace on July 6, 2026, for their annual bilateral Leaders' Retreat, where they signed 26 memoranda of understanding covering economic, defense, and energy cooperation.
Indonesia will phase out diesel imports this year by implementing a B50 biodiesel mandate in July 2026, reducing imports from one million to 700,000 barrels daily while domestically supplying 300,000 barrels and supporting palm oil farmers.
Danantara's COO pledged transparency on investment data following President Prabowo's directive to boost public awareness of Indonesia's improving investment climate and strengthen investor confidence for sustainable economic growth.
Indonesia diversifies crude oil imports from African nations including Algeria, Nigeria, and Angola to mitigate Strait of Hormuz shipping risks amid Middle East tensions affecting approximately 20-25 percent of its oil supply routes.
Indonesia's state-owned Danantara will honor existing commodity export contracts while consulting industry groups on transitioning crude palm oil, coal, and ferroalloys exports, though the government will review deals suspected of under-invoicing below global benchmarks.
Indonesia's Energy Ministry will auction 10 new oil and gas blocks across Sulawesi, Kalimantan, Papua, and Sumatra at IPA Convex 2026, offering improved fiscal terms including 50 percent contractor splits to attract upstream investment.
Indonesian President Prabowo Subianto urged ASEAN nations to develop renewable energy resources, citing Indonesia's plan to build 100 gigawatts of solar capacity and highlighting regional projects in hydropower, solar, and wind energy to strengthen Southeast Asian energy resilience and transition.
President Prabowo departed Jakarta for the Philippines to attend the 48th ASEAN Summit and BIMP-EAGA Summit, focusing discussions on regional connectivity, economic cooperation, energy security, food issues, and geopolitical stability among Southeast Asian nations.
President Prabowo will attend the Philippines-hosted ASEAN Summit to discuss food and energy issues, with Indonesia positioning its nickel and battery ecosystem as central to regional development while remaining open to strategic cooperation opportunities.
Indonesia's Energy Minister Bahlil Lahadalia reported to President Prabowo that national fuel and crude oil stocks exceed minimum levels despite Middle East tensions, ensuring stable domestic supply while exploring long-term alternatives to reduce LPG import dependence.
Indonesia's energy ministry invited Russian investors to bid on 138 oil and gas exploration blocks during President Prabowo's visit to Russia, signaling deepening energy sector cooperation between the two countries amid discussions on joint infrastructure projects.
Putin designated Indonesia as Russia's foremost Asia-Pacific strategic partner, with bilateral trade surging 12% annually through joint ventures in nuclear energy, maritime engineering, and agriculture, as President Prabowo conducted high-level talks in Vladivostok.
Indonesia launched construction of the Abadi Masela LNG project in July 2026 after 28 years of deliberation, positioning the nation as an energy powerhouse while generating twelve thousand jobs and projecting $137.7 billion in GDP contribution by 2055.
Indonesia's government launched the Abadi Masela LNG project, expecting $37.8 billion in direct state revenue and $6.43 billion in indirect taxes while creating 12,000 construction jobs and 800-1,000 operational positions to boost eastern Indonesia's economy.
Indonesia launched a nationwide B50 biodiesel mandate and E5 bioethanol program on July 9, 2026, requiring 50 percent biodiesel in diesel fuel to reduce import dependence, save approximately 170 trillion rupiah in foreign exchange, and support 2.1 million jobs while advancing energy self-sufficiency.
Indonesia's energy minister Bahlil Lahadalia launched the mandatory B50 biodiesel program, confirming superior performance in Asian and European vehicles with extended filter replacement intervals up to 40,000 kilometers, supporting the nation's energy independence strategy.
Indian Prime Minister Modi visited Indonesian President Prabowo at Merdeka Palace for strategic bilateral talks covering defense, trade, energy, and critical minerals, with planned memorandums of understanding in health and technology cooperation.
Indonesian President Prabowo hosted Singapore Prime Minister Wong for a leaders' retreat in Jakarta, where they discussed bilateral projects and strategic collaboration, with 26 cooperation agreements expected to be signed.
Indonesia will launch B50 biodiesel in July 2026, blending fifty percent palm oil into diesel fuel to eliminate diesel imports and achieve energy self-sufficiency within three to four years, potentially saving 157.28 trillion rupiah in foreign exchange.
German President Steinmeier visited Indonesia's President Prabowo to strengthen bilateral ties across business, energy, climate action, and democracy, with formal ceremonies and one-on-one talks advancing cooperation between the two nations.
Indonesia's energy council examines idle storage tanks to expand national crude oil reserves from eighteen to twenty-one days to a minimum of thirty days, pursuing cost-effective solutions through existing infrastructure rather than new construction.
President Prabowo witnessed Danantara and Hisense sign a technology cooperation memorandum in Jakarta, aiming to facilitate investment inflows, technology transfer, and job creation while strengthening Indonesia's industrial competitiveness through strategic global partnerships.
Indonesia proposed hosting a regional oil storage hub for ASEAN to strengthen energy security amid Middle East tensions, with the facility potentially supplying fuel across Southeast Asia during supply disruptions and crises.
Indonesia's Energy Minister proposed expanding ASEAN's cross-border power grid during the BIMP-EAGA summit, aiming to deliver affordable electricity to remote border regions across four nations, thereby stimulating local economies and improving living standards.
President Prabowo arrived in the Philippines to lead Indonesia's participation in the 48th ASEAN Summit themed "Navigating Our Future, Together," where regional leaders will address geopolitical challenges, energy security, and economic cooperation.
Indonesian President Prabowo Subianto will attend the ASEAN Summit in Cebu, Philippines on May 8, 2026, focusing discussions on food security, energy issues, and nickel cooperation amid Iran-U.S. tensions affecting regional stability.
