Indonesian Political, Business & Finance News

Energy Minister: Fuel and LPG Stocks Safe Ahead of Idul Fitri 1447 H

| Source: ANTARA_ID Translated from Indonesian | Energy
Energy Minister: Fuel and LPG Stocks Safe Ahead of Idul Fitri 1447 H
Image: ANTARA_ID

Energy and Mineral Resources Minister Bahlil Lahadalia has reported to President Prabowo Subianto that fuel and liquefied petroleum gas (LPG) stocks are in safe condition ahead of the Islamic New Year celebration, Idul Fitri 1447 H/Eid al-Fitr 2026.

Bahlil stated that reserves of various types of fuel are currently above minimum limits and are capable of meeting public demand during the Eid holiday period.

“So I believe the petrol situation is clear, sir (President). Reserve levels heading into the holiday for all fuel and LPG are safe, God willing,” said Bahlil during a statement in Jakarta on Saturday.

During a plenary cabinet session held in Jakarta on Friday (13 March), Bahlil outlined reserve levels for Special Assignment Fuel Type (JBKP) RON 90 at approximately 24.39 days.

Meanwhile, General Fuel Type (JBU) RON 92 reserves stood at approximately 28 days and RON 98 at approximately 31 days.

For subsidised diesel, reserve capacity reached approximately 16.41 days, whilst CN 53 diesel stood at approximately 46 days and avtur at approximately 38 days.

Bahlil also reported that national LPG supply remained secure despite fluctuations in global distribution chains.

According to him, approximately 70–72 per cent of Indonesian LPG imports originate from the United States, approximately 20 per cent from the Middle East, and the remainder from various other countries.

To anticipate supply uncertainty from the Middle East, the government has prepared several measures including opening additional supply opportunities from the United States and other countries such as Australia.

“Two LPG cargo shipments from Australia will arrive at the end of this week,” said Bahlil.

He added that diesel supply is relatively more stable because all of it is produced domestically.

This situation is also supported by the operation of the Balikpapan Refinery Development Master Plan (RDMP) project beginning in January 2026, which increases the capacity of national refinery production.

The project is estimated to reduce petrol imports by approximately 5.5 million tonnes and diesel imports by approximately 3.5 million tonnes annually.

Going forward, the government continues to promote the development of oil refineries to increase domestic fuel production and reduce import dependency.

“If our crude oil production does not reach 1.6 million barrels per day, the difference between demand and our production capacity is what we import. So in the future, we will only need to import crude oil,” said Bahlil.

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