Indonesia Bets Big on Oil With $12.5 Billion Refinery Gamble
OilPrice
MARCH 6, 2025
billion refinery project, aiming to cut imports, boost energy security, and flex some refining muscle. The government announced plans for the 531,500-barrel-per-day facility, making it one of the largest in the regionbecause when youre an economy growing as fast as Indonesias, relying on imports just isnt cutting it anymore.
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