Russian Oil Refinery Attacked: Impact on 150 Million Barrels of Oil to Indonesia?
Jakarta, CNBC Indonesia - The Ministry of Energy and Mineral Resources (ESDM) has assured that the commitment to procure crude oil from Russia remains unaffected by Ukraine’s attacks on several oil facilities in Russia. The government is currently holding to the initial agreement regarding plans to import 150 million barrels of crude oil to maintain national energy resilience.
The Director General of Oil and Gas (Dirjen Migas) of ESDM, Laode Sulaeman, explained that his side is continuously monitoring developments in the geopolitical situation between Russia and Ukraine. He stated that up to now, there have been no changes regarding the commitment to the supply volume previously agreed upon by both countries.
“If at the moment, we haven’t seen that (impact of the attacks) yet. Our commitment is still the same with this (Russia), by the way, Mr Minister mentioned it yesterday,” said Laode when met at the Ministry of ESDM office in Jakarta, quoted on Tuesday (5/5/2026).
As is known, the government is refining plans to bring in oil from Russia to meet the needs of domestic refineries. Although there are reports of reduced production and exports from the Russian side due to the attacks, they assess that this has not yet directly impacted the cooperation plans with Indonesia.
“Because we look at everything, not just from Russia, but day-to-day from where we have to maintain that. So that’s it,” Laode continued.
In addition to monitoring conditions in Russia, the government is also continuing to diversify oil supply sources from various other countries to mitigate risks of global distribution disruptions. This step is taken to ensure that domestic fuel oil (BBM) stocks remain at safe levels.
“The most important thing for us right now is to keep the stocks safe. That’s it first, we don’t need to think about it yet. But the stocks are safe, that’s the most important,” he emphasised.
For information, on Sunday (3/5/2026), Ukraine launched attacks, one of which targeted Primorsk, a major Russian oil export terminal. Primorsk itself is one of Russia’s largest export gateways, with a capacity to handle one million barrels of oil per day.
Citing Al Jazeera, Kremlin spokesperson Dmitry Peskov said that global oil prices might rise further if Ukraine continues to attack Russian oil infrastructure.
“If our additional oil volume is reduced from the market, prices will rise further from the current level, which is already above $120 per barrel. That will mean that even with lower export volumes, our companies will make more money and the state will receive more revenue,” Peskov stated.