The lifting of oil 602, 000-615, 000 barrels per day at 2027

President Prabowo Subianto patented the oil lifting target at 602.000-615.000 barrels per day (BPH) in the country's estimated income and budget plan (rapbn) 2027.

The oil lifting target tends to moderate when compared to the oil lifting target soldered in APBN 2026 as substantial as 610.000 BPH.

"Lifting Earth oil is targeted at 602.000-615.000 barrels per day," Ujar Prabowo in the delivery of macroeconomics framework (camp) and fiscal policy trees (ppkf) rapbn 2027 at the Nusantara department store MPR/DPD Ri, Jakarta, Wednesday (20/5/2026).

Then, the lifting of the Earth gaseous is superimposed reaching 934.000-977.000 barrels of oil equivalent per day (boepd). This figure is reduce than the target that pairs in APBN 2026 as substantial as 984.000 boepd.

Meanwhile, the assumption of Indonesia's crude oil price (ICP) in 2027 was soldered in the US $70-US $95 per barrel span. This project is far inflated compared to the assumption at APBN 2026 as much as US $70 per barrel.

“With the right economic strategy, the prudent and sustainable fiscal policies, I'm sure the Indonesian economy can grow at 5,8 to 6,5% in 2027 towards 8% economic development in 2029,” Ujar Prabowo.

Previous, the Minister of Energy and Mineral Resources (ESDM) bahlil lahadalia pessimistic lifting Indonesian oil could return to the level of 1,6 million barrels per day (BPH) as before the Reformation era.

Bahlil beralloroh, the achievement of lifting 1,6 million BPH oil in 2026 could only happen “if there were miracles of God”. During 2025, the oil lifting realisation recorded 605.300 BPH.

“I do not believe that we can increase lifting up to 1,6 million BPH in 2029. According to me, it was only God who could give. We're fair-fair, don't mean Baku hoaxes in this room, ”he said bahlil in close work with Komisi XII DPR Ri, Kamis (22/1/2026).

Bahlil added, it's greater realistic to target Indonesian oil lifting at 800.000-900.000 BPH in 2029, along with the possible limitations of the well available.

However, it emphasizes that the main focus of the moment is not just a lifting figure, unless balancing the production and consumption of domestic BBM. One measure strategist is E10 implementations, yaitu Bensin blended bioethanol 10%, to press BBM imports.

“Then we should take advantage of what we have, which is the source of navati. Ethanol becomes an crucial part of the substitution against our crude, ”explains bahlil.

The ruling also prompted Swasembada Energi to make Indonesia not too dependent on imports. A number of middle solutions are pre-prepared, ranging from BBM mixing with Nabati raw materials to Balikpapan mill expansion through refinery research master plan (rdmp). This monster factory is judged to be capable of producing solar and Bensin in substantial numbers.

“We should be able to take advantage of our competitive superiority optimally. This speaks of the question of sovereignty, resilience, and survival. Now we're talking about Swasembada, ”he said.