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Indonesia's Oil Reserves Could Run Out in Less Than Two Decades

Adi Ahdiat 21/01/2025 15:46 WIB

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According to BPS estimates, Indonesia's oil reserves will be depleted in 17 years, starting from the end of 2023.

Indonesia's Remaining Life Estimates of Oil, Gas, and Coal Resources (2023)

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Indonesia's Remaining Life Estimates of Oil, Gas, and Coal Resources (2023)

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Oil, natural gas, and coal are non-renewable natural resources that will be depleted if continuously exploited.

According to the Central Bureau of Statistics (BPS), among these fossil energy resources, oil is projected to be exhausted first.

BPS predicts the remaining lifespan of fossil energy assets by considering the ratio between resource stocks and their extraction rates in recent years.

Based on the end-of-2023 stock, Indonesia's oil reserves are estimated to last another 17 years.

Natural gas is projected to be extractable for another 25 years, and coal for another 56 years, calculated from the end of 2023.

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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Indonesia's Oil Reserves Could Run Out in Less Than Two Decades

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Indonesia's Oil Reserves Could Run Out in Less Than Two Decades

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