{
    "success": true,
    "data": {
        "id": 1774233,
        "msgid": "fuel-stocks-confirmed-secure-despite-rupiah-depreciation-1780136047",
        "date": "2026-05-30 14:55:00",
        "title": "Fuel stocks confirmed secure despite rupiah depreciation",
        "author": "Satria K Yudha",
        "source": "REPUBLIKA",
        "tags": "",
        "topic": "Energy",
        "summary": "The Indonesian government has confirmed fuel stocks remain secure despite rupiah depreciation, with reserves well above operational minimums. Measures include boosting domestic oil production, strengthening refineries, and new regulations allowing domestic use of export-bound crude at ICP prices, alongside potential imports and involvement of energy sector public bodies to ensure supply resilience amid global market volatility.",
        "content": "<p>JAKARTA \u2013 The Ministry of Energy and Mineral Resources (ESDM) has\nconfirmed that the rupiah\u2019s depreciation will not disrupt national fuel\nsupplies. Current fuel reserves are well above the operational minimum\nthreshold, ensuring public demand remains met. Deputy Energy Minister\nYuliot Tanjung stated that both subsidized and non-subsidized fuel\nstocks remain secure. The government continues to monitor global energy\nmarkets and rupiah movements to safeguard national energy supply\nresilience. \u201cAs for fuel availability, we have an operational minimum\nreserve indicator. Our current reserves are far above the minimum\nrequired,\u201d Yuliot said in Jakarta on Saturday, 30 May 2026. Yuliot added\nthat this applies to all fuel types. Stocks of Pertalite and Solar CN48\nare above the operational minimum, as are Pertamax, Pertamax Turbo, and\nCN51, which are adequately stocked. The government is also pushing to\nboost domestic oil and gas production and strengthen national refining\ncapacity. These measures aim to reduce import dependency while\nbolstering energy resilience amid global market volatility. \u201cRegarding\nsubsidies for fuel price hikes, we have already communicated that\ndomestic production is being increased, and our refineries are\nprepared,\u201d Yuliot said. He explained the government issued Presidential\nRegulation No.\u00a026 of 2026, governing crude oil, finished fuel, and LPG\nprocurement. The regulation provides greater flexibility in meeting\nnational energy needs. Under the regulation, crude oil owned by\ncooperation contract contractors (KKKS) previously earmarked for export\ncan be prioritised for domestic use at prices linked to the Indonesian\nCrude Price (ICP). \u201cIf KKKS companies have export commitments, they can\nbe sold domestically at ICP prices. This ensures KKKS companies are not\ndisadvantaged,\u201d Yuliot added. Alongside domestic supplies, the\ngovernment retains the option to import via Pertamina and Pertamina\nPatra Niaga if needed. The new regulation also allows energy sector\npublic service bodies (BLUs) to participate in national energy\nprocurement. Yuliot stated the government will optimise existing BLUs,\nincluding Lemigas, to support energy supply resilience. Under this\nscheme, Lemigas can procure oil, including from international markets.\n\u201cThis regulation allows for imports,\u201d Yuliot said. The government is\nconfident that combining increased domestic production, strengthened\nrefining capacity, and flexible energy procurement will maintain safe\nfuel supplies despite rupiah pressures and global energy market\ndynamics.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/fuel-stocks-confirmed-secure-despite-rupiah-depreciation-1780136047",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}