Jakarta With the spirit of asta cita that prioritizes hard work and resilience, President Prabowo Subianto has launched a new oil refinery project to strengthen national energy independence.
This project is a real step to accelerate downstreaming in the energy sector, in order to realize more independent and sustainable energy security.
The government has announced plans to build a new oil refinery with a capacity of one million barrels per day as part of the acceleration of downstreaming efforts initiated by President Prabowo Subianto. This was conveyed by the Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia.
“We will do it in several places, both in Kalimantan, Java, Sulawesi, and Maluku-Papua so that there is equality,” said Bahlil.
In addition to oil refineries, the government also plans to build storage facilities with the same capacity, namely 1 million barrels per day. This step is part of the government’s efforts to ensure a more secure domestic energy supply stability.
“Specifically for coal minerals, in addition to bauxite, we will also push nickel and tin issues. One more thing, we will build solar panels and quartz sand that we will pull to be part of critical minerals, because this is a potential comparative advantage for our nation,” Bahlil continued.
The Minister of Investment and Downstream, Rosan Roeslani added that the government will continue to encourage investment in downstream projects that are ready to be implemented. He also emphasized that the government is open to foreign investors and the national business world to invest in these downstream projects.
“In essence, we will evaluate independently and then we will see from all aspects, of course from the aspect of how much the return is, how much the profit is, from the aspect of reducing imports, especially, both imports related to energy, and also the last is job creation,” said Rosan.
With downstreaming, refinery management will be carried out with a more transparent and integrated system, allowing real-time monitoring of refinery performance, more efficient energy utilization, and reducing the risk of leaks or damage.
