Indonesia Doubles Capacity of New Refinery Projects to 1 Million Bpd

Indonesia is doubling to 1 million barrels per day (bpd) the planned capacity of the new refineries it will build in an effort to boost its energy security and downstream industry. The largest economy in Southeast Asia plans to build several refineries, including on the islands of Kalimantan and Sulawesi, with a total capacity of 1 million bpd, up from 500,000 bpd previously planned, Indonesia’s Energy Minister Bahlil Lahadalia said this week after a meeting with President Prabowo Subianto. To cover its domestic demand, Indonesia currently…