Vietnamese crab exportergood crab

Govt Says Fuel Stocks Safe as Panic Buying Hits Some Regions

Andrew Tito, Riski Maulana, Husin
March 7, 2026 | 1:08 pm
SHARE
Vehicles line up at a gas station in Labuhanbatu, North Sumatra, as motorists wait to refuel on Wednesday, March 4, 2026. (Beritasatu.com/Husin)
Vehicles line up at a gas station in Labuhanbatu, North Sumatra, as motorists wait to refuel on Wednesday, March 4, 2026. (Beritasatu.com/Husin)

Jakarta. Indonesia’s energy supply remains secure despite rising concerns over the escalating conflict involving Iran, Israel, and the United States, Energy and Mineral Resources Minister Bahlil Lahadalia said, urging the public not to panic-buy fuel.

Bahlil said the government has anticipated potential disruptions by maintaining oil reserves and preparing alternative import sources should tensions in the Middle East affect global energy supply.

Indonesia’s crude oil storage capacity can cover roughly 25 days of national consumption, he said, noting the level has long been the country’s standard storage capacity.

“The minimum safety threshold is above 20 days. Our current oil reserves stand at around 23 days, which means the supply is still within a safe range,” Bahlil said late Friday in Jakarta. “There is no need for panic buying. Supply remains stable.”

ADVERTISEMENT

Alternative Supply Sources

Indonesia still relies partly on imported crude oil to supply domestic refineries, but imports from the Middle East account for only 20% to 25% of total supply, according to the minister.

To mitigate geopolitical risks, the government and state energy firm Pertamina have identified alternative crude suppliers, including the United States, Nigeria, and Brazil.

Indonesia’s diesel supply is produced entirely domestically, while gasoline imports largely come from nearby regional hubs such as Singapore and Malaysia, Bahlil added.

“We are continuing to strengthen our domestic refining industry to reduce dependence on imported fuel in the future,” he said.

Panic Buying Triggers Queues

The minister’s reassurances came as rumors of potential fuel shortages linked to the Middle East conflict sparked panic buying in parts of the country.

In Labuhanbatu, North Sumatra, long queues formed at several gas stations after residents rushed to fill their tanks amid fears that the war could disrupt global oil supply.

Vehicles reportedly lined up for nearly a kilometer at one station as motorists waited to purchase diesel and subsidized gasoline. Some drivers said they had waited for hours to refuel, disrupting daily work.

Gas station operators said the surge in demand was driven by panic buying rather than supply shortages.

“Fuel stocks are sufficient. We receive daily deliveries of diesel and gasoline according to demand,” said Muhammad Nur Salsabi, manager of a station in Rantauprapat.

Queues to buy fuel were also observed in Malang and Jember in East Java, as well as in Aceh.

One motorist in Aceh, Saiful Kamar, said on Thursday that many residents were queuing mainly because others were doing the same.

“Our society often follows the crowd. When people see others lining up, they join in. They worry that if they don’t queue, the fuel will run out, even though Pertamina’s stock is actually safe,” he told Antara news agency.

Pertamina Urges Calm

Officials from Pertamina Patra Niaga, the fuel distribution arm of Pertamina, also assured the public that supplies of gasoline, diesel, and liquefied petroleum gas remain stable across the country.

Fahrougi Andriani Sumampouw, communications manager for Pertamina Patra Niaga’s northern Sumatra region, urged residents not to believe misinformation circulating on social media that encourages people to stockpile fuel.

“Energy supply continues to be maintained so it can be distributed properly to the public,” she said.

Similar assurances were issued by Pertamina’s West Java regional office, which said fuel and LPG supplies remain sufficient to meet demand through the Ramadan fasting month and the upcoming Eid al-Fitr holiday.

Officials said temporary queues at some gas stations were mainly caused by a surge in purchases as motorists rushed to fill their tanks amid concerns that geopolitical tensions could drive global oil prices higher.

Despite the increased demand, Pertamina said fuel distribution remains stable as supplies are replenished regularly through a rolling inventory system.

Indonesia continues to monitor developments in the Middle East conflict, Bahlil said, adding that the government would ensure energy supply remains stable even if tensions escalate further.

“Even if there is war in the Middle East, our energy supply is secure,” he said. “People should remain calm and not be provoked by misinformation.”

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Business Aug 31, 2026 | 6:53 pm

Indonesia Raises 2027 Oil Lifting Target to 612,500 Bpd

Indonesia raised its 2027 oil lifting target to 612,500 bpd as Energy Minister Bahlil Lahadalia warned of volatile global prices.
Business Aug 27, 2026 | 3:35 pm

Subsidized LPG Consumption Seen Exceeding 2026 Quota

Indonesia projects 3-kg LPG consumption to exceed its 2026 quota as demand rises, prompting efforts to tighten subsidy targeting.
Business Aug 11, 2026 | 9:59 pm

Government Eyes Pertalite Restrictions for Wealthier Car Owners

Indonesia plans to restrict subsidized Pertalite for wealthier motorists while exempting motorcycle users.
Business Aug 4, 2026 | 10:48 am

Indonesia Prepares Financing Scheme for Bioethanol

Indonesia will create a mutually beneficial financing formula for the mandatory bioethanol program.
News Jul 24, 2026 | 8:38 pm

Pertamina Deploys More Tankers to Ease West Sumatra Fuel Delays

Pertamina says fuel is not in short supply despite weeks of delays caused by bridge repairs in West Sumatra.
Business Jul 23, 2026 | 4:16 pm

Indonesia Stocks Slip After Late Sell-Off Wipes Out Intraday Gains

Indonesia's JCI fell 0.3% after a late-session sell-off erased gains built earlier in the day as investors weighed domestic and global cues.
Business Jul 22, 2026 | 3:01 am

Indonesia Confirms First Russian Oil Import Under 150 Million-Barrel Supply Deal

Indonesia confirms its first Russian oil import under a 150 million-barrel commitment, with the shipment handled by a government agency.
Business Jul 21, 2026 | 6:15 pm

Indonesia Launches Hydrogen Corridor, Unveils First Hydrogen Bus Pilot

The 194-kilometer Jakarta–Patimban Hydrogen Corridor will connect Tanjung Priok Port in Jakarta with Patimban Port in West Java.
Business Jul 21, 2026 | 11:36 am

Indonesia Mulls Cutting Non-Subsidized Fuel Price

Indonesia is mulling slashing the price of non-subsidized fuel, although this decision hinges on global oil prices.
Business Jul 20, 2026 | 11:59 pm

Indonesia Targets E10 Gasoline Blend in 2027, E20 by 2028

The policy is intended to reduce Indonesia's dependence on imported gasoline while ensuring that ethanol supplies are sourced domestically.

The Latest


News 2 hours ago

256 Students Affected by Suspected Free Meal Poisoning

Several Karo students remain under treatment weeks after 256 students fell ill in a suspected free nutritious meal poisoning incident.
Business 2 hours ago

Indonesia’s Disaster Resilience Is Key to Economic Competitiveness: Kadin Institute

Kadin urges Indonesia to strengthen economic resilience as Anak Krakatau and karhutla disrupt transport and threaten business continuity.
News 2 hours ago

Indonesia to Revoke Mask Hoarders’ Permits Amid Volcanic Ash

Mask prices have increased after volcanic ash from Mount Anak Krakatau spread to the capital Jakarta.
Special Updates 2 hours ago

Chandra Asri Maintains Safe Operations Amid Anak Krakatau Activity

Chandra Asri has strengthened monitoring and emergency preparedness at its Cilegon operations amid Mount Anak Krakatau activity.
News 4 hours ago

Mount Anak Krakatau Erupts Three Times Tuesday Morning

Mount Anak Krakatau erupted three times Tuesday morning, prompting authorities to bar activities within 3 kilometers of its active crater.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED