In April, the Indonesian weekly magazine Tempo reported
In April, the Indonesian weekly magazine Tempo reported, citing Jakarta's special envoy for energy and the environment, Hasim Djoko Hadiyoso, that Indonesia had agreed with Russia on the supply of 150 million barrels of oil at a special price.
Consensus
- Indonesia has started importing Russian oil under a government plan.
- The plan involves importing a total of 150 million barrels of oil.
- The first shipment of Russian oil, approximately 770,000 barrels, arrived at the Balikpapan port in Indonesia on June 29.
- The shipment was transported by the tanker Sierra and originated from the Russian port of Kozmyno.
- Indonesia continues to depend on oil imports and prioritizes maintaining adequate domestic fuel reserves.
- Indonesia will continue importing oil regardless of origin, provided it complies with regulatory requirements.
- The agreement was reportedly reached during a visit by the Indonesian president to Moscow on April 13.
Points of divergence
- Physical shipments have not yet begun; Indonesia is only in the preparation stage. — m24
- A key obstacle to the import is concern about secondary sanctions from the US and Europe. — m24
- Indonesia has already completed the first stage of the import process and ordered oil through Lemigas. — fontanka
- The agreement includes a special price for the oil, with an initial commitment of 100 million barrels and an additional 50 million barrels if needed. — interfax
Coverage (3 sources)
- Indonesia begins importing Russian oil — Фонтанка
- Indonesia receives first batch of Russian oil as part of plan for 150 million barrels — Интерфакс
- Indonesia is preparing for oil deliveries from Russia — Москва 24
Key entities
- Indonesia
- Russia
- Jakarta
- Bakhlil Lakhadaliya
- Sergey Tolchenov
- Lemigas
- Moscow
- INTERFAX.RU
- Interfax
- TASS
- Indonesian