{
    "success": true,
    "data": {
        "id": 1565345,
        "msgid": "pertamina-chief-us-share-of-lpg-imports-could-rise-to-70-per-cent-1771667465",
        "date": "2026-02-20 22:53:45",
        "title": "Pertamina Chief: US Share of LPG Imports Could Rise to 70 Per Cent",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Trade",
        "summary": "Pertamina's president director has announced that the Indonesia-US trade agreement could increase the American share of Indonesia's LPG imports from 57 per cent to 70 per cent, as part of a broader US$15 billion energy import commitment. The deal, signed on 19 February as part of a reciprocal tariff agreement, encompasses LPG, crude oil, and refined petroleum products, with Pertamina insisting all procurement will remain subject to open tender processes.",
        "content": "<p>Jakarta (ANTARA) \u2014 President Director of PT Pertamina (Persero) Simon\nAloysius Mantiri has said the Indonesia-United States trade agreement\nwill bolster national energy security, particularly through increased\nimports of Liquefied Petroleum Gas (LPG) from the US.<\/p>\n<p>Simon stated that Pertamina has been importing large volumes of LPG\nfrom the US, with an existing share of approximately 57 per cent. \u201cWith\nthis trade agreement, we will certainly be able to increase that,\npotentially up to 70 per cent,\u201d he said during a virtual press\nconference from Washington D.C. on Friday.<\/p>\n<p>The Central Statistics Agency (BPS) recorded Indonesia\u2019s LPG import\nvalue in 2024 at approximately US$3.8 billion, equivalent to Rp64.1\ntrillion (at an exchange rate of Rp16,888 per US dollar).<\/p>\n<p>Of that total, imports from the US dominated at approximately US$2.03\nbillion or Rp34.3 trillion, accounting for around 53 per cent of total\nimports or 3.94 million tonnes.<\/p>\n<p>The second-largest source of LPG imports for Indonesia was Qatar,\nvalued at US$0.4 billion (Rp6.7 trillion) or 11 per cent, followed by\nthe United Arab Emirates (UAE) at US$0.39 billion (Rp6.6 trillion) or 10\nper cent.<\/p>\n<p>Beyond LPG, Simon also stated that Pertamina would push for increased\ncrude oil imports from the US, whilst exploration of refined oil\nproducts would be conducted with American partners.<\/p>\n<p>He further explained that the US$15 billion (Rp253.3 trillion) energy\nimport commitment from the US forms part of an energy source\ndiversification strategy to ensure supply at competitive prices.<\/p>\n<p>\u201cBeyond sources from Southeast Asia, the Middle East, and Africa, we\nalso see significant opportunities from the United States,\u201d he said.<\/p>\n<p>Simon emphasised that the entire import process would continue to be\nconducted through open tender and bidding mechanisms, rather than direct\nappointment, to ensure transparency.<\/p>\n<p>He added that the trade agreement represents a win-win solution for\nboth nations, whilst respecting each country\u2019s regulations.<\/p>\n<p>\u201cIn the next 90 days we await finalisation, with government support\nin the form of decisions and permits. Everything is carried out in\naccordance with applicable procedures and regulations,\u201d he said.<\/p>\n<p>The Indonesian and US governments officially signed the key points of\na reciprocal tariff agreement on Thursday (19 February), which includes\na commitment to purchase energy commodities from the US worth a total of\nUS$15 billion.<\/p>\n<p>This value comprises LPG purchases of US$3.5 billion (Rp59.1\ntrillion), crude oil of US$4.5 billion (Rp76.0 trillion), and\nrefinery-produced petrol of US$7 billion (Rp118.2 trillion).<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/pertamina-chief-us-share-of-lpg-imports-could-rise-to-70-per-cent-1771667465",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}