Indonesia currently has 120 oil and gas basins and only 20 have been developed, so there are still 108 basins that hold new exploration opportunities. This needs to be maximized to achieve production of 1 million barrels per day.
Although privately-owned gas stations have had their operations disrupted due to limited supply, the public's fuel needs are still met. The oil trade balance report for the third quarter of this year submitted by Bank Indonesia showed an increase in the volume of oil imports to meet domestic needs.
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