Indonesian Political, Business & Finance News

Bahlil Says Indonesia to Receive Oil and LPG Supplies from Russia

| | Source: KOMPAS Translated from Indonesian | Energy
Bahlil Says Indonesia to Receive Oil and LPG Supplies from Russia
Image: KOMPAS

JAKARTA, KOMPAS.com - Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia stated that Indonesia will receive supplies of crude oil and liquefied petroleum gas (LPG) from Russia.

This outcome stems from his meeting with Russian Energy Minister Sergey Tsivilev on Tuesday (14/4/2026) in Moscow, Russia, following high-level talks between President Prabowo and Russian President Vladimir Putin at the Kremlin the previous day.

Bahlil said that during the joint forum with Sergey, both sides discussed concrete opportunities for energy cooperation that could be immediately followed up, particularly regarding the certainty of fuel oil (BBM) and LPG supplies.

“Alhamdulillah, what has already been agreed upon has yielded quite good results, where we can obtain additional crude reserves. In addition, we will also be able to obtain LPG,” Bahlil stated, quoted from an official press release on Tuesday (14/4/2026).

The meeting was also attended by representatives from several Russian energy companies, including Rosneft, Ruschem, Zarubezhneft, and Lukoil.

According to Bahlil, the cooperation on procuring oil and LPG is being explored through government-to-government (G2G) or business-to-business (B2B) schemes. This scheme is expected to provide certainty for the availability of national energy reserves, particularly for crude oil and LPG in Indonesia.

In addition, Indonesia is open to expanding the scope of collaboration with Russia, including the development of crude storage, long-term supplies of crude oil and LPG, nuclear exploration, and cooperation in the minerals sector.

“We want all of this to truly provide certainty for national energy resilience,” Bahlil said.

He assessed that the meeting’s results give a positive signal for strengthening national energy resilience amid uncertain global dynamics.

Bahlil stated that the partnership with Russia could become one of the important options, given the country’s large energy production capacity and its experience in the oil and gas industry.

Amid the volatility of the global energy market influenced by geopolitical factors and production fluctuations, the government continues to seek alternative sources.

In this regard, Russia is seen as a potential energy supplier and a strategic partner for long-term cooperation.

In the bilateral meeting, Russia also expressed its readiness to assist Indonesia in strengthening energy resilience.

“As a strategic partner, we are ready to collaborate, especially in the provision of oil and gas, storage, or electricity in this case nuclear power plants,” explained Sergey Tsivilev.

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