Indonesia, Russia agree on energy supplies, expanded cooperation

Indonesia has reached an agreement with Russia on the supply of crude oil and liquefied petroleum gas (LPG), as both countries move to deepen cooperation in the energy sector.

The deal was discussed during a meeting in Moscow on April 14 between Indonesia’s Energy Minister Bahlil Lahadalia and Russia’s Energy Minister Sergei Tsivilev, according to Indonesia’s Ministry of Energy and Mineral Resources, Caliber.Az reports. 

In a statement, the Indonesian ministry said the talks focused on “specific opportunities for cooperation in the energy sector,” with participation from major Russian energy companies, including LUKOIL, Rosneft, Ruschem, and Zarubezhneft.

Russian officials expressed readiness to support Indonesia’s energy security, the ministry said. Lahadalia, for his part, indicated that Indonesia is open to expanding cooperation with Russia beyond fuel supplies, including in oil field development and nuclear research.

The agreement signals a potential strengthening of energy ties between the two countries as Indonesia seeks to diversify its energy sources and enhance long-term security.

By Sabina Mammadli