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Brief
On 04/12/2024, the Ministry of Energy and Mineral Resources (ESDM) issued an update regarding Realizing Energy Independence, Deputy Minister of Energy and Mineral Resources Encourages Pertamina to Increase Oil Production. The move aims to reduce Indonesia's dependence on oil imports by boosting domestic oil production, with a target of 700,000 barrels per day by 2025-2026.
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