Indonesia's ongoing negotiations to purchase oil and liquefied petroleum gas (LPG) from Russia will not jeopardise its existing energy cooperation with the United States, Energy Minister says.
Hinting at a pragmatic approach, the Minister noted that the government is determined to make all-out efforts to ensure sufficient energy supplies for the nation, including through multiple bilateral deals.
The minister also highlighted Indonesia's reliance on imports to cover a daily shortfall of around one million barrels, with domestic production at about 600,000 barrels per day against consumption of 1.6 million barrels.
Following bilateral engagements with Russian President Vladimir Putin in Moscow on April 13, President Prabowo delegated his Energy Minister to pursue follow-up talks with Russian Energy Minister Sergey Tsivilyov the following day.
“We will secure a crude oil supply from Russia. In fact, the Russian side has voiced readiness to help Indonesia build several key pieces of infrastructure to strengthen our energy reserves and security,†the Minister noted.
Rosneft is the national oil and gas company for Russia and its headquarters is situated along the Moskva River
