What is the capacity of Indonesia's oil refineries?

Based on BP data, Indonesia's oil refinery capacity reached 1.13 million barrels per day (bpd) in 2020. This achievement represents a 1.4% increase from the previous year's 1.11 million bpd. However, Indonesia's oil refinery capacity only accounts for 1.1% of the world's total oil refining capacity, which reached 101.95 million bpd last year.

Indonesia's oil refinery capacity has not seen significant additions, remaining at approximately 1 million bpd since 1997. The continuously increasing domestic oil consumption cannot be met by national refineries. The government must import oil from abroad to meet domestic needs.

The government targets an increase in national oil refinery capacity to 1.425 million bpd. This figure is lower than the previous target of 2 million bpd, considering the transition to new and renewable energy and the electric vehicle development program.

The addition to Indonesia's oil refinery capacity this year is approximately 425,000 bpd. This comprises approximately 300,000 bpd from the Tuban refinery, 100,000 bpd from Balikpapan, and 25,000 bpd from Balongan.

Pertamina currently operates six oil refineries: RU II Dumai, RU III Plaju, RU IV Cilacap, RU V Balikpapan, RU VI Balongan, and RU VII Kasim.