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flag Indonesia plans to reactivate 4,495 idle oil wells to cut imports and boost energy security.

flag Indonesia plans to reactivate thousands of idle oil wells to cut its oil imports and improve energy security amid volatile oil prices. flag Minister Bahlil Lahadalia announced that out of 16,990 idle wells, 4,495 have the potential to produce oil, which could boost production to over 1.5 million barrels per day. flag This initiative aims to reduce the country's annual spending of about $31.33 billion on oil imports.

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