Indonesia could benefit from G7 price cap on Russian oil: Finance minister
For much of the 2022, the Indonesian government has relied on subsidies and price controls to isolate the national economy from imported energy inflation.
For much of the 2022, the Indonesian government has relied on subsidies and price controls to isolate the national economy from imported energy inflation.
He also said that the crisis could be a turning point for accelerating clean sources and for forming a sustainable and secured energy system.
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According to Japan's industry minister, the rebooting of each reactor would mean 1 million tons less of liquified natural gas would be imported to resource-poor Japan.
The development comes at a time when Bangladesh is looking for alternative sources of energy amid the spike in fuel prices and supply chain disruptions due to the Russia-Ukraine…
UAE special envoy for climate change Sultan Al Jaber praised China's focus on excellence in all aspects of the renewable energy supply chain.
Lack of adequate gas pressure combined with soaring fuel costs means many factories are running at low capacity.
The government previously considered providing free electric stoves for millions to reduce Indonesia’s dependence on imported liquefied petroleum gas.
Experts also said that important lessons from the current energy crisis show the need to diversify energy supply, type, and partners.
The country aims to boost its oil and gas production to 1 million barrels of oil per day and 12 billion standard cubic feet per day of gas in an effort to reduce imports.