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Indonesia forms task force to speed up downstream, energy resilience

0 Comment(s)Print E-mail Xinhua, January 10, 2025
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JAKARTA, Jan. 10 (Xinhua) -- Indonesian President Prabowo Subianto on Friday established a task force for the acceleration of downstreaming and national energy resilience to speed up the added value process of the energy sources.

"The main goal is to increase the added value of natural resources domestically and accelerate energy resilience through the provision of fossil energy, electricity, and new renewable energy," reads the presidential regulation as quoted by the Presidential Secretariat website.

The task force will be led by Bahlil Lahadalia, the Indonesian minister of energy and mineral resources. One of the key responsibilities of the task force is to provide recommendations to the heads of ministries, agencies, and regional governments regarding actions against officials who obstruct the acceleration of downstream processes and national energy resilience.

Additionally, the task force is empowered to identify and suggest strategic downstream projects and national energy resilience initiatives that can be financed through banks, non-bank financial institutions, and/or the state budget. Enditem

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