January 8, 2026 | 06:50 pm
TEMPO.CO, Jakarta - The Minister of Energy and Mineral Resources, Bahlil Lahadalia, revealed that non-tax state revenue from oil and gas sector fall short of target in 2025, with Rp105.4 trillion.
Meaning, the state revenue only realized about 83.7 percent of the Rp125.46 trillion target outlined in the 2025 State Budget, said the minister on Thursday, January 8, 2025.
Revenue from the oil and gas sector was also recorded lower than in 2024, at Rp110.9 trillion. According to Bahlil, the failure was influenced by the global oil price drop, which was far below the assumption laid out in the State Budget.
Indonesia initially assumed the state's crude oil price (ICP) at US$82 per barrel, but the average oil prices throughout 2025 was only around US$68 per barrel.
Investments in the energy and mineral resources sector also dropped by 1.9 percent compared to 2024, from US$32.3 billion to US$31.7 billion last year.
The investments came from the mineral and coal sector at US$6.7 billion, oil and gas at US$18 billion, electricity at US$4.6 billion, and new and renewable energy, as well as energy conservation at US$2.4 billion.
Bahlil explained that corrections took place in the electricity sector. The government will push for the acceleration of new power plant construction that has been approved in the Electricity Supply Business Plan (RUPTL).
"After this, I will have a meeting with PLN (the state-owned electricity company)," he said, adding that the endeavor would require "effort and hard work."
On the other hand, Bahlil said the energy and mineral resources sector still contributes to workforce absorption, with over 871,574 workers in 2025.
Read: Indonesia Eyeing to Earn Rp23 Trillion from Coal, Gold Export Duties
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