The Government Disburses IDR 69 Trillion To Build Energy Supporting Reserves

Illustration of the oil tank (Photo: dock. Antara)

JAKARTA - The government is known to allocate at least Rp69 trillion which will be used to build energy buffer reserves (CPE).

For information, CPE is a backup of energy sources prepared for a certain period of time in order to overcome crisis conditions and energy emergency. The types of energy that will be prepared in the CPE plan are crude, LPG and gasoline oil.

Secretary General of the National Energy Council (DEN) Djoko Siswanto said that currently his party is still preparing regulations to accelerate the availability of CPE.

"Until 2035, we will have reserves of crude oil, LPG, and gasoline for 30 days. The budget is around Rp. 64-69 trillion," said Djoko, quoted on Thursday, January 18.

With this CPE, said Djoko, national energy reserves will be stored and will certainly last for 30 days.

He further added, with these funds, it will later be used to build infrastructure, buy energy supplies and rent infrastructure.

In fact, the Ministry of Finance has prepared a budget of IDR 1 trillion to buy CPE, but the legal umbrella that oversees this policy has not yet been signed so that this policy has not yet been implemented.

Currently, the Draft Presidential Regulation regarding CPE is in the hands of the Ministry of State Secretariat and has been signed by the relevant ministries such as the Ministry of Energy and Mineral Resources, Ministry of SOEs, Ministry of Finance and Ministry of Maritime Affairs and Investment.

"All Ministers related to the initials and finally the Minister of SOEs is initial, but there are several articles that are still being discussed," concluded Djoko.