Indonesian Political, Business & Finance News

Video: Businessman on Indonesia's Energy Resilience Amid Surging Oil Prices

| Source: CNBC Translated from Indonesian | Energy
Video: Businessman on Indonesia's Energy Resilience Amid Surging Oil Prices
Image: CNBC

Jakarta, CNBC Indonesia - Amid the surge in global crude oil prices due to tensions in the Iran vs United States-Israel war, commodity prices such as coal, nickel, and CPO have also been pulled upwards. As a commodity-producing country, Indonesia will naturally benefit from this commodity windfall, although on the other hand, the situation is pushing up Indonesia’s fuel and LPG subsidies. The General Chairman of the Association of Mineral & Coal Energy Suppliers (Aspebindo), Anggawira, stated that the energy sector business community fully supports the government’s steps in maintaining energy resilience amid price volatility and global energy supply chain obstacles. Aspebindo also described the situation as a momentum for the government to evaluate efforts to maintain Indonesia’s energy resilience. Currently, the retail market and households still rely on LPG, so efforts need to be made to promote the utilisation of LNG as an alternative energy source targeting the household sector. What is the energy sector business community’s view on the challenges and prospects of Indonesia’s energy sector amid the war? For more details, watch the dialogue between Serliana Salsabila and the General Chairman of the Association of Mineral & Coal Energy Suppliers (Aspebindo), Anggawira, in Closing Bell, CNBC Indonesia (Wednesday, 22/04/2026).

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