Russia to Supply Crude and LPG to Indonesia Following Moscow Talks
Jakarta. Russia has agreed to supply crude oil and liquefied petroleum gas (LPG) to Indonesia following high-level talks in Moscow, Energy and Mineral Resources Minister Bahlil Lahadalia said on Tuesday.
The agreement follows a meeting between Bahlil and Russian Energy Minister Sergey Tsivilev, held to follow up on discussions between President Prabowo Subianto and Russian President Vladimir Putin a day earlier.
“We achieved positive results, including additional crude supply for our reserves. In addition, we will also be able to secure LPG,” Bahlil said in a statement from Moscow, without disclosing volumes.
Beyond supply agreements, Russia has also expressed readiness to support Indonesia’s broader energy security agenda, including the development of oil storage facilities, refineries, and power generation — potentially extending to nuclear energy.
The cooperation is being explored through both government-to-government and business-to-business frameworks. The meeting was attended by representatives from major Russian energy firms, including Rosneft, Ruschem, Zarubezhneft, and Lukoil.
Indonesia is seeking to diversify its energy supply sources away from the Middle East amid escalating tensions in Iran, which have disrupted global oil flows and contributed to crude prices rising above $100 per barrel. The closure of the Strait of Hormuz has also delayed shipments, with two tankers carrying oil for Pertamina currently stranded in the region.
In Jakarta, Pertamina spokesperson Muhammad Baron said the state energy firm is ready to follow up on potential crude and LPG imports from Russia in line with government directives.
However, he stressed that the company would continue to apply prudent risk management, regulatory compliance, and commercial considerations in evaluating any agreements.
Regarding the compatibility of Russian crude with Pertamina’s refining system, Baron said further technical assessment is required.
“We will study the characteristics of the crude. With ongoing refinery upgrades, we expect greater flexibility in processing a wider range of crude types in the future,” he said.
Tags: Keywords:Related Articles
Indonesia Says Subsidized Fuel Stocks Cover 16–18 Days
Indonesia says fuel reserves remain adequate, with Pertalite stocks covering 16–18 days as Pertamina boosts deliveries.Indonesia Opens New LPG Plant in West Java to Reduce Import Dependence
Bahlil said the plant was expected to supply around 15% of LPG demand in Jakarta and West Java.Indonesia Aims $45 Billion Nickel Exports in 2026
Indonesia's nickel exports neared $34 billion in 2024, government data showed.Bahlil Says B50 Program Shields Indonesia from Diesel Import Disruptions
Indonesia says its B50 biodiesel program has ended diesel imports, even as Middle East tensions threaten global oil supplies.‘It’s Trump Who Sets Oil Price’: Prabowo’s Brother
Neither the Indonesian government nor OPEC sets the oil price, Hashim Djojohadikusumo says.Indonesia Rewrites Its Economic Model to Power Faster Growth
Indonesia bets on investment, downstream industries and clean energy to achieve 8% economic growth.Indonesia Insists on Deciding Singapore Power Export Price
Senior minister Bahlil Lahadalia says that Indonesia doesn't want to sell its electricity cheaply.Indonesia’s 1M-Bpd Oil Import Gap Is ‘Miserable’, Bahlil Says
Indonesia’s oil lifting meets the 2025 target, but Bahlil calls the 1M-bpd import gap “miserable” as demand hits 1.6M bpd.Bahlil Signals More Ministries May Join New Downstream Coordination
Bahlil signals one or two more ministries could join the new downstream coordination, with the Industry Ministry among those considered.Bahlil: Coal Quotas Needed to Protect Indonesia’s Pricing Power
Bahlil says tighter coal quotas are needed to control supply, prevent oversupply and strengthen Indonesia’s influence over coal prices.The Latest
Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore
Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.Jakarta Outranks Amsterdam in Global Public Transport Survey
Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.MSCI Concerns, Tighter IDX Trading Rules Send Indonesian Stocks Down 5% by Midday
Indonesian stocks plunge 5% by midday as MSCI concerns weigh on sentiment and the IDX tightens its daily downside limit to 7%.Jakarta Prepares 367 Health Facilities as Haze Reaches the Capital
Jakarta prepares 367 health facilities to treat potential haze-related illnesses after smoke from Sumatra and Kalimantan crosses the region.Jakarta Expands Flood Prevention With New Water Storage Ponds
Jakarta opens two East Jakarta water storage ponds as it expands flood prevention efforts through reservoirs and river normalization.Most Popular
