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Data from the Indonesian Central Statistics Agency (BPS) shows that the annual (yoy) value of oil and gas (migas) imports decreased by 26.89% to US$2.09 billion in May 2019. In May 2018, migas imports reached US$2.8 billion.
Cumulatively, from January to May 2019, migas imports also fell by 23.77% to US$9.09 billion compared to the same period last year, which amounted to US$11.9 billion. Compared to April 2019 import data, migas imports in May 2019 also decreased by 6.41% to US$2.09 billion.
(Read Databoks: How Much Oil Does Indonesia Import?)
"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."