Ministry of Energy and Mineral Resources Reviews US Energy Import Agreement During 90-Day Period

Jakarta — Indonesia’s Ministry of Energy and Mineral Resources (ESDM) will review its agreement to purchase fuel, liquefied petroleum gas (LPG), and crude oil from the United States over a 90-day period following the US Supreme Court’s cancellation of reciprocal tariffs.

Indonesia has committed to purchasing energy commodities from the US valued at $15 billion, equivalent to approximately 253 trillion Indonesian rupiah. This commitment forms part of the bilateral Agreement on Reciprocal Trade (ART) between the two countries.

“With the US Supreme Court’s decision, we now have the opportunity for a 90-day review period,” stated Vice Minister of ESDM Yuliot Tanjung at the ministry headquarters in Jakarta on Friday, 26 February 2026.

During the review period, the government remains open to potential modifications or further discussions regarding the oil and gas purchase agreement. “If there are urgent matters, we will address them during the discussion; there may be changes, and within the 90-day timeframe we will conduct discussions regarding implementation,” Tanjung explained.

Tanjung clarified that the US Supreme Court’s decision fundamentally only cancelled the reciprocal tariff policy and did not directly nullify the bilateral trade agreement. “Within the energy import agreement under the ART valued at $15 billion, the Supreme Court’s review concerned tariffs. There is a distinction between these matters,” he noted.

Previously, Energy Minister Bahlil Lahadalia confirmed Indonesia would purchase fuel, LPG, and crude oil from the US worth $15 billion. The import allocation comprised approximately $7 billion for fuel, $3.5 billion for LPG, and $4.5 billion for crude oil.

Bahlil emphasised that this allocation does not automatically increase Indonesia’s overall energy import volume. The government will merely redirect some import sources from countries in Southeast Asia, the Middle East, and Africa to the United States, keeping total energy import volume constant with only a shift in the country of origin.

However, Bahlil has not yet disclosed the specific volume of imports to be redirected to the US. “I will announce what percentage we will shift from the Middle East or Southeast Asia and Africa in three weeks,” he stated.