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Indonesia's Oil Reserves Could Run Out in Less Than 20 Years

Adi Ahdiat 19/01/2026 11:40 WIB

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Based on the year-end 2024 reserve stock, Indonesia's petroleum resources are estimated to be exploitable for only another 19 years.

Estimated Remaining Life of Indonesia's Coal, Natural Gas, and Oil Resources (2024)

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Estimated Remaining Life of Indonesia's Coal, Natural Gas, and Oil Resources (2024)

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Indonesia possesses natural wealth in the form of crude oil, natural gas, and coal. However, these fossil energy resources could be depleted within the next few decades.

This is evident from the report Indonesia's Integrated Environmental and Economic Accounting System released by the Central Statistics Agency (BPS).

BPS calculates the estimated remaining lifespan of Indonesia's natural resource assets by comparing available reserves with their extraction rates over the past few years.

Based on the reserve stock at the end of 2024, Indonesia's crude oil resources are estimated to be exploitable for only another 19 years.

Natural gas resources can still be exploited for 23 years, and coal can last for another 52 years.

"The resource with the shortest asset life is crude oil," BPS stated in its report.

Although the remaining asset life of oil and natural gas is relatively short compared to coal, investment in this sector continues to increase.

According to a report from the Ministry of Energy and Mineral Resources (ESDM), oil and gas investment in Indonesia reached US$18 billion in 2025, the highest in the last 10 years.

(Read: Investment Increases, but Indonesia's Oil and Gas Lifting Declines until 2025)

Editor : Adi Ahdiat

"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."

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