Since 2004 Indonesia has become a net importer of oil and that is why Indonesia withdrew its membership from the Organization of Petroleum Exporter Countries (OPEC).
The country’s oil reserves are only enough for 10 years. Even if exploitation for consumption and exports become more extensive, coal reserves will not cover more than 19 years and 45 years for natural gas.
(Statistical Review of World Energy, published in 2009 by British Petroleum).
As a country where 60 percent of its primary energy comes from oil (Energy Information Agency), Indonesia had to raise fuel prices when oil prices hit US$147 per barrel in 2008.
Indonesia’s commitment to reducing carbon emissions to address global warming is also relevant to this.
During the G20 meeting last September in Pittsburgh, President Susilo Bambang Yudhoyono declared Indonesia’s long-term emissions ta...