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🇮🇩 Indonesia /Elections & Politics

Prabowo is First Indonesian President with Direct Oil and Gas Business Experience, Envoy Says

From Republika · () Indonesian

Translated from Indonesian and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Context piece
  • Indonesian President Prabowo Subianto is highlighted as the first Indonesian president with direct experience in the oil and gas (migas) business.
  • His past role as a commissioner in a migas company operating in Kazakhstan and Azerbaijan provides him with insights into investor needs, legal certainty, and political stability.
  • This experience is seen as crucial for leading Indonesia's energy sector, particularly as the country anticipates rising energy demands driven by population growth, economic expansion, and AI development.

President Prabowo Subianto's unique background in the oil and gas sector is being emphasized as a significant asset for Indonesia's energy future. As highlighted by Presidential Special Envoy for Energy and Climate, Hashim Djojohadikusumo, Prabowo is not just a political leader but also an individual with firsthand experience navigating the complexities of the global energy market. His tenure as chairman of a migas company, overseeing operations in Kazakhstan and Azerbaijan over two decades ago, offers a distinct perspective on the challenges and requirements of energy investment.

President Prabowo Subianto is the first President of the Republic of Indonesia who has direct experience in the oil and gas business.

· Hashim DjojohadikusumoPresidential Special Envoy for Energy and Climate Hashim Djojohadikusumo introducing Prabowo's unique background.

This direct experience, Hashim argues, equips President Prabowo with a deep understanding of what international investors seek: legal certainty, political stability, and reliable contractual frameworks. In a global landscape where energy security and investment are paramount, this insight is invaluable. It suggests that Prabowo's administration will be particularly attuned to creating an environment conducive to foreign and domestic investment in Indonesia's energy sector, which is crucial for meeting the nation's projected energy needs.

President Prabowo Subianto once served as chairman of my company, while I served as chief executive.

· Hashim DjojohadikusumoHashim Djojohadikusumo detailing Prabowo's past role in his migas company.

The envoy's remarks come at a critical juncture, as Indonesia anticipates a surge in energy demand fueled by a growing population, expanding economy, and the burgeoning influence of artificial intelligence. Prabowo's background positions him to effectively address these challenges, ensuring that Indonesia can meet its energy requirements while fostering sustainable growth. This focus on energy sector leadership, grounded in practical business experience, is a key narrative emerging from the current administration, differentiating it by its leader's specific, relevant expertise in a vital economic domain.

So President Prabowo understands what it feels like to be an investor in a distant and unfamiliar foreign country.

· Hashim DjojohadikusumoHashim Djojohadikusumo explaining Prabowo's empathy for foreign investors.
About this summary

Originally published by Republika in Indonesian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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