Energy Ministry Spokesperson Dwi Anggia said the commitment to buy US\nfuel is part of the \u201cAgreement between the United States of America and\nthe Republic of Indonesia on Reciprocal Trade,\u201d aimed at rebalancing\nbilateral tariffs.<\/p>\n
\u201cThis is in line with the trade agreement to balance tariffs between\nthe two countries, and we agreed to purchase fuel from the US,\u201d she said\nin Jakarta on Friday.<\/p>\n
\u201cBut that does not mean we are abandoning our energy self-sufficiency\nagenda,\u201d Anggia added.<\/p>\n
Under the deal, Indonesia agreed to import about $15 billion in\nenergy products from the US, including $3.5 billion of liquefied\npetroleum gas, $4.5 billion of crude oil and $7 billion of refined\ngasoline.<\/p>\n
Anggia said the energy minister\u2019s plan to curb reliance on certain\nfuel imports \u2014 including a policy to halt diesel imports \u2014 remains\nintact.<\/p>\n
The agreement does not include any obligation to import diesel, she\nsaid.<\/p>\n
According to the ministry, the arrangement is commercial in nature\nand does not automatically alter Indonesia\u2019s domestic energy mix,\nsubsidy framework or long-term strategy for the sector.<\/p>\n
\u201cThese are two different matters \u2014 trade agreements and energy\nindependence policy,\u201d Anggia said.<\/p>\n
Beyond oil and gas, the pact also covers cooperation on critical\nminerals, focusing on investment and supply chain integration,\nparticularly in processing and refining capacity.<\/p>\n
The document does not stipulate raw material export obligations or\nspecific transaction values for the minerals component.<\/p>\n
\u201cThat part is more about investment cooperation, and the details will\nbe discussed further,\u201d she said.<\/p>\n
As for renewable energy commodities such as bioethanol, Anggia said\nno final decision has been made on trade schemes or supply commitments\nto the US, as negotiations are still ongoing.<\/p>\n
\u201cAll discussions are still in process. We will wait for the final\noutcome once the delegation returns,\u201d she said.<\/p>\n
She added that there have been no further talks related to Freeport\nIndonesia or new refinery projects within the current trade\nnegotiations.<\/p>\n
The government said it will disclose full details of the agreement\nand follow-up measures once inter-ministerial coordination and\nnegotiations are completed.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/indonesia-says-us-energy-deal-will-not-shift-domestic-policy-1771662089", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }