Indonesia's 2025 Upstream Oil and Gas Revenue Target Set at Rp 121 Trillion

Economics & Macro

Premium

Erlina Fury Santika 20/08/2024 22:20 WIB

URL has been copied

Memuat...

The Financial Note Report states that oil and gas natural resources are targeted to generate Rp120 trillion in revenue in the 2025 State Budget.

Development of Oil and Gas Revenue (2020-2025)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Indonesia's 2025 Upstream Oil and Gas Revenue Target Set at Rp 121 Trillion”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Development of Oil and Gas Revenue (2020-2025)

Download

Source

A Small Font
A Medium Font
A Bigger Font

The Ministry of Finance's (Kemenkeu) Financial Note Report states that revenue from natural resources (SDA), specifically oil and gas (migas), is targeted to reach Rp121 trillion in the 2025 State Budget (RAPBN).

The details show oil revenue at Rp89 trillion and gas revenue at Rp32 trillion. Kemenkeu notes that this target is a slight 0.4% decrease from the 2024 outlook of Rp121.5 trillion.

"Migas SDA revenue is relatively the same as the 2024 outlook, primarily influenced by fluctuations in the Indonesian Crude Price (ICP), increased cost recovery, and the potential risk of decreased migas lifting," wrote Kemenkeu in the report published Friday (December 16, 2024).

Kemenkeu explains that migas SDA revenue during the 2020-2023 period experienced fluctuating movement with an average growth of 7.2%, in line with ICP volatility in the international market.

However, the lowest growth occurred in 2020, contracting by 43% due to the moderation of the ICP to US$40.4 per barrel, impacted by the Covid-19 pandemic.

Meanwhile, the highest growth occurred in 2022, at 53.9%. Kemenkeu explains that the main factor was the increase in ICP, reaching US$97.1 per barrel.

(See also: Allocation of State Expenditure Rp3,613 Trillion in 2025, Up 5.9%)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Average Length of Schooling for Bandung City Residents Reaches 11.41 Years in 2025

South Sumatra's Air Quality This Morning (5/12) is the Worst in Indonesia

Warning! Mount Ibu Erupts Again This Morning (Friday, December 5, 2025)

Latest Data Stories

Historical Data of Average Wages in West Papua, 2018-2023 Employment 05/12/2025, 16:15 WIB

Population of Male Cattle Suitable for Slaughter, Period 2013-2024 Demographics 05/12/2025, 16:07 WIB

Average Per Capita Monthly Expenditure in South Papua 2024 Consumer Services & Health 05/12/2025, 15:57 WIB

Food Prices Today, December 05, in Central Java: Onion, Rice, and Red Chili Prices Rise Economics & Macro 05/12/2025, 15:40 WIB

Indonesian Provinces with the Highest Non-Food Urban Poverty Line in Indonesia (2023) Demographics 05/12/2025, 15:32 WIB

Global Natural Gas Prices Rise to US$3.33/Mmbtu (Friday, May 23, 2025) Energy 05/12/2025, 15:01 WIB

Download

Source

Indonesia's 2025 Upstream Oil and Gas Revenue Target Set at Rp 121 Trillion

Tags

Related Data

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Average Length of Schooling for Bandung City Residents Reaches 11.41 Years in 2025

South Sumatra's Air Quality This Morning (5/12) is the Worst in Indonesia

Warning! Mount Ibu Erupts Again This Morning (Friday, December 5, 2025)

Latest Data Stories

Popular Data

Indonesia's 2025 Upstream Oil and Gas Revenue Target Set at Rp 121 Trillion

Tags

Related Data

Prevalence of Food Consumption Inadequacy in West Bandung Decreased by 1.23% in the Last Year

20.04 Thousand Jayawijaya Regency Residents are Junior High School Graduates by End of 2024

Ministry of Environment and Forestry Finds 150 Hotspots in Indonesia, Most in North Maluku (Friday, December 5, 2025)

Average Length of Schooling for Bandung City Residents Reaches 11.41 Years in 2025

South Sumatra's Air Quality This Morning (5/12) is the Worst in Indonesia

Warning! Mount Ibu Erupts Again This Morning (Friday, December 5, 2025)

Latest Data Stories

Trending Topics

Popular Data