Bahlil Expressed That The Feasibility Study For The Construction Of 17 Oil Refineries Is Almost Complete

JAKARTA - Minister of Energy and Natural Resources (ESDM) Bahlil Lahadalia revealed that the feasibility study (FS) for the construction of 17 oil refineries in Indonesia is almost complete.

"The 17 refineries are now nearing the final FS," said Bahlil when met after attending the 2025 Indonesia International Sustainability Forum (IISF) Preparation Coordination Meeting at the BKPM office, Jakarta, Wednesday, October 1.

Bahlil explained that the refinery to be built is a modular oil refinery, namely small-scale units can be built faster with much lower investment needs than conventional large-capacity refineries.

A total of 17 modular refineries will be placed in various locations, including in Java, Kalimantan to Papua. "So he (the refinery) is modular, spread over spots," he said.

Previously, ESDM Minister Bahlil Lahadalia revealed that he had sent teams to Angola, Central Africa and the United States. This follows the government's plan to build a refinery and oil storage with a capacity of 1 million barrels.

He said he had sent a team consisting of SKK Migas, Pertamina, Lemigas and the Directorate General of Oil and Gas at the Ministry of Energy and Mineral Resources.

"Our team from Angola has returned from America, the team from SKK Migas, then Pertamina, Lemigas, from the Directorate General of Oil and Gas," said Bahlil, quoted on Wednesday, July 23.

The team that was sent, said Bahlil, was assigned to map the distribution of areas that could be used as oil storage locations to maintain Indonesia's energy security for 21 days.

The two projects, he continued, were included in 18 pre-feasibility study (FS) documents which were submitted to Danantara for review and financing.

In the document, storage and refinery cost around Rp72 trillion and Rp160 trillion. Meanwhile, its location is spread from the western tip of Indonesia to the East.

The two fantastic projects will be built in Lhokseumawe; Sibolga; Natuna; Cilegon; Sukabumi; Semarang; Surabaya; Sampang; Pontianak; Badung (Bali); Bima; Ende; Makassar: Donggala; Bitung; Ambon; North Halmahera; and Fakfak.