Indonesian Political, Business & Finance News

Two Pertamina Oil Tankers Still Stranded in the Strait of Hormuz, Pertamina Speaks Out

| Source: CNBC Translated from Indonesian | Energy
Two Pertamina Oil Tankers Still Stranded in the Strait of Hormuz, Pertamina Speaks Out
Image: CNBC

Jakarta, CNBC Indonesia – PT Pertamina (Persero) says there are four Pertamina-owned oil tankers in the Middle East. Two of them remain stranded in the Strait of Hormuz, a route whose passage is closed by Iran.

The company’s Vice President of Corporate Communications, Muhammad Baron, said the priority at present is to monitor and ensure the safety of the crew and the security of the company’s assets.

‘Indeed there are two Pertamina vessels still there; there may be four, but the two are outside the Strait of Hormuz,’ Baron told reporters at Grha Pertamina, on Wednesday (4 March 2026).

Baron confirmed that the condition of the oil tankers is currently safe. He said they are still coordinating with the crew and the Foreign Ministry to secure the company’s assets.

According to the Ministry of Energy and Mineral Resources (ESDM), about 20.1 million barrels of oil pass through the Strait of Hormuz each day. Indonesia itself imports oil via traffic through the Strait amounting to 19% of the national import requirement.

‘What we can say now is that crude oil originating from the Middle East makes up about 19%, and we have implemented distribution through regular alternative or emergency systems. So for national energy resilience Pertamina has informed that system to meet national needs,’ Baron said.

Decisions to Import Oil to the US

Energy and Mineral Resources Minister Bahlil Lahadalia said the government has prepared anticipatory steps in response to the closure of the Strait of Hormuz. ‘On the instruction of the President given the developments… Now the Strait of Hormuz is closed due to the Israel-America-Iran conflict; this has an impact on global energy,’ Bahlil told a press conference at the Ministry of ESDM on Tuesday (3 March 2026).

He detailed that from Indonesia’s total crude oil imports, around 20-25% come from the Middle East via the Strait. The rest is supplied by several other countries such as Africa, the United States, and Brazil.

For this reason, to anticipate supply shortages, the government plans to redirect some crude oil imports from the Middle East to the United States to ensure supply certainty,’ said Bahlil.

(pgr/pgr)

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