Indonesia secures energy supplies amid Hormuz Strait volatility

Indonesia’s energy supplies remain secure despite global geopolitical volatility, Minister of Energy and Mineral Resources Bahlil Lahadalia announced on Tuesday.

Bahlil confirmed that stocks of fuel, LPG, and electricity meet national standards. He noted a “breath of fresh air” as the Strait of Hormuz has adopted intermittent access policies for non-Western-aligned vessels.

“For countries other than Israel and the United States, communication is now possible. This is a positive development for our global energy distribution lines,” the Minister said in a statement issued in Jakarta.

Domestic fuel and LPG inventories are monitored daily to prevent shortages. Bahlil assured the public that supplies are sufficient for the upcoming Eid al-Fitr holidays, with coal stocks for power plants averaging 14 to 15 days.

The government also dismissed concerns regarding immediate subsidized fuel price hikes. Bahlil emphasized a commitment to maintaining public purchasing power, stating that subsidies will remain stable at least through the conclusion of the holiday season.

The administration continues to manage price stability as long as global oil prices remain within state budget assumptions. Bahlil stressed that the government’s priority is resolving public economic challenges rather than avoiding them.

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Translator: Kelik Dewanto, Martha Herlinawati Simanjuntak