Gotrade News - Indonesia is open to importing fuel from various countries, including Russia, to maintain national energy supply stability. The Minister of Energy and Mineral Resources, Bahlil Lahadalia, emphasized that this strategy aims to keep fuel prices affordable amidst global oil price fluctuations.
- The government ensures energy supply and price stability.
- Bahlil notes the United States already imports from Russia.
- Potential collaboration with Brunei in renewable energy.
Bahlil remarked that the government is indifferent to the source of the fuel as long as the price offered is competitive. This is crucial as global oil prices fluctuate due to the conflict in the Middle East. Furthermore, Bahlil mentioned that the government is exploring collaboration with Brunei Darussalam in the supply and development of new renewable energy (NRE).
The bilateral meeting with Brunei in Japan aims to help Indonesia strengthen energy resilience through resource diversification. Discussions include the potential construction of an LPG industry in Brunei and utilizing C3 C4 gas as raw materials for LPG to be supplied to Indonesia.
This discussion also opens opportunities for Indonesia to tap into Brunei's excess oil production, which reaches 100,000 to 110,000 barrels daily. This move is hoped to be a strategic solution in maintaining domestic energy availability.
The government acknowledges that although fiscal strength through the state budget remains solid, adjustments to subsidized fuel prices have not yet been made. Further evaluations are planned for the second quarter of 2026, considering global political and economic developments.
The government has anticipated measures in place to avoid energy shortages. These steps include potential subsidy adjustments in line with international dynamics. Thus, even if the Middle Eastern conflict affects oil prices, the government aims to ensure the public remains protected.
Bahlil asserted that amidst global uncertainties, Indonesia remains committed to managing energy and fiscal policies adaptively to support national energy stability.
Reference:
- Liputan6, Bahlil Buka Pintu Impor BBM dari Banyak Negara, Termasuk Rusia. Accessed on March 17, 2026
- Berita Satu, Indonesia Siap Impor Minyak dari Mana Saja untuk Stabilisasi Energi. Accessed on March 17, 2026
- Bloomberg Technoz, Pemerintah RI Antre Lobi Bebaskan 2 Tanker Pertamina di Hormuz. Accessed on March 17, 2026
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