The Strait of Hormuz hereafter closed due to the Iran\u2011Israel\nconflict, which involved the United States, has raised concerns about\ndomestic energy supplies in Indonesia. Indonesia does not yet have a\nstrategic petroleum reserve (SPR) as some advanced nations do.<\/p>\n
Executive Director of the Center of Economic and Law Studies (CELIOS)\nBhima Yudhistira assessed that Indonesia\u2019s energy resilience remains\nvulnerable due to heavy reliance on oil imports. This is one of the\nreasons behind potential shortages of fuel (BBM) when a global energy\ncrisis occurs.<\/p>\n
Bhima explained that Indonesia\u2019s energy reserves are currently\nrelatively limited, so when tensions escalate, the impact can be felt\ndirectly in the availability of BBM domestically. However, plans to\nincrease reserves from around 20 days to three months are not the\nprimary solution.<\/p>\n
\u201cIndonesia\u2019s energy reserves are vulnerable. That\u2019s why a crisis in\noil could trigger a shortage of BBM stocks. But simply increasing\nreserves from 20 days to three months is not the solution,\u201d Bhima told\nCNBC Indonesia on Thursday (5 March 2026).<\/p>\n
He added that expanding storage capacity would increase reserves but\nwould not solve the problem, because Indonesia would still rely heavily\non imports.<\/p>\n
\u201cThe option is rather to accelerate electrification in the transport\nsystem and energy transition. Public transport should use electric buses\nnationwide, while private BBM usage should be reduced. The important\nthing is for public transport to be affordable and comfortable, so\npeople would shift to it,\u201d he said.<\/p>\n
Separately, Komaidi Notonegoro, Executive Director of the ReforMiner\nInstitute, stated that globally most countries hold energy buffers\naveraging between three and six months to withstand potential global\nsupply disruptions.<\/p>\n
Advanced economies even maintain larger stockpiles. However, building\nlarge energy reserves is not only about crisis preparation but also\nconcerns a country\u2019s fiscal capacity and the readiness of its\ninfrastructure.<\/p>\n
\u201cIdeally, this involves multiple aspects, not only avoiding a crisis\nbut also considering fiscal ability. Whether the infrastructure is ready\nor not varies from country to country,\u201d Komaidi explained.<\/p>\n
Komaidi further detailed that the cost of storing BBM is very high.\nFor example, to stock BBM for just one day requires an allocated budget\nof around Rp2.5 trillion to Rp3 trillion.<\/p>\n
In other words, if Indonesia wants to hold energy reserves for 30\ndays, the required budget could reach around Rp60 trillion to Rp90\ntrillion solely for storage costs and the value of the goods.<\/p>\n
\u201cWe currently have 20\u201325 days of stock, though it is not state-owned\nbut rather an operational stock held by enterprises, and letting money\nsit idle in storage for an extended period is burdensome for these\nenterprises,\u201d said Komaidi.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/war-threat-looms-the-chilling-impact-on-indonesias-fuel-supply-1772708674", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }