Indonesia is moving to reinforce its oil supply security by increasing domestic crude production and expanding strategic reserves in response to rising global geopolitical risks following the capture of Venezuelan President Nicolás Maduro, the Ministry of Energy and Mineral Resources (ESDM) said on Tuesday. 

“As an anticipatory measure, we continue to increase national strategic oil reserves and optimize production,” Anggia said on Tuesday, as quoted by Indonesian State News Agency Antara. 

The government’s strategy is aimed at strengthening national energy resilience and limiting exposure to external shocks by focusing on boosting local output while expanding oil stockpiles. To do so, the ministry is promoting the broader application of advanced extraction technologies. These include hydraulic fracturing, enhanced oil recovery (EOR), and horizontal drilling, which are expected to help maximize production from aging and declining oil fields. 

The government is also introducing incentives to draw greater investment into upstream oil and gas activities. These measures range from fiscal policy adjustments and faster licensing to stronger backing for exploration in frontier regions believed to hold untapped reserves, Anggia said. 

Another initiative involves bringing roughly 4,500 dormant oil wells back into operation across multiple regions. Anggia said authorities are continuing to track developments in Venezuela as part of ongoing monitoring efforts. 

Separately, the ministry’s Director General of Oil and Gas, Laode Sulaeman, said Indonesia has not experienced any direct impact from the situation in Venezuela on fuel supply or pricing so far. 

“Our crude does not come from Venezuela. It comes from other regions. So it’s still stable,” Sulaeman said on Monday, January 5. 

He added that the government remains alert to global developments and continues to assess possible effects on international oil prices. “There’s always anticipation,” he said. 

The government’s comments follow escalating political tensions in Venezuela. International media reported that the United States launched a military operation in Caracas on Saturday, January 3. US President Donald Trump later said American forces had detained Venezuelan President Nicolás Maduro and his wife. 

In response, Venezuelan authorities declared a nationwide state of emergency. Several countries issued official reactions, including Colombia, whose President Gustavo Petro called for an emergency United Nations meeting to reaffirm respect for sovereignty, the prohibition of force, and peaceful dispute resolution. Russia and Iran, both allies of Venezuela, also condemned the US military action. 

Amid concerns about possible global supply disruptions, Pertamina Internasional Eksplorasi dan Produksi (PIEP) said its operations in Venezuela remain unaffected. The overseas upstream unit of state-owned energy firm Pertamina said its assets continue to operate normally, according to Jakarta Globe. 

PIEP holds a 71.09 percent stake in French oil and gas company Maurel & Prom, which operates oil fields in Venezuela. The company said it is coordinating closely with the Indonesian Embassy in Caracas to ensure personnel safety and operational continuity. 

“These efforts are part of the company’s commitment to protecting workers and ensuring operations continue normally,” PIEP said in a statement. 

Pertamina has been expanding and managing overseas oil and gas assets to support Indonesia’s long-term energy needs. The company currently holds upstream assets in 11 countries, including Algeria, Malaysia, Iraq, France, Italy, Tanzania, Gabon, Nigeria, Colombia, Angola, and Venezuela. 

Meanwhile, the government has set a higher oil and gas production target of 610,000 barrels per day in the 2026 state budget, up from 605,000 barrels per day in 2025, as part of efforts to strengthen national energy resilience amid continued global uncertainty.