High Price of Oil Is Not Good for Indonesia: Ariadji

The video discusses Indonesia's role as both an importer and exporter of oil and gas, highlighting the country's reliance on imports to meet domestic fuel needs. It addresses the financial burden of high oil prices on Indonesia's economy and the government's subsidy policies. Additionally, the video outlines investment plans in the LNG sector and CCS projects to enhance energy production and meet environmental standards.

What percentage of Indonesia's domestic crude needs is met through imports?

• 75%

• 50%

• 25%

• 100%

How does Indonesia primarily address the gap between oil production and consumption?

• By increasing domestic production

• By optimizing imports and exports

• By reducing domestic consumption

• By investing in renewable energy

What is a significant financial challenge for Indonesia due to high oil prices?

• Increased export revenue

• Lower import costs

• Higher subsidy costs

• Reduced domestic consumption

What is the primary focus of Indonesia's investment in the LNG sector?

• Implementing CCS technologies

• Developing renewable energy sources

• Increasing crude oil production

• Expanding domestic gas consumption

What is the estimated investment for CCS projects in Indonesia?

• $7.5 billion

• $10 billion

• $2.6 billion

• $1 billion