TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
RI to increase share of LPG imports from US to 85 percent
LPG is the primary cooking fuel for households across the country and Indonesia largely relies on imports of the commodity to meet domestic demand.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
An oil refinery is seen from a ferry in Balikpapan, East Kalimantan, on July 9, 2024. (AFP/Yasuyoshi Chiba)
T
he government is planning to boost imports of liquefied petroleum gas (LPG) and crude oil from the United States as part of negotiation efforts over the US tariffs imposed on goods imported from Indonesia.
LPG is the primary cooking fuel for households across the country and Indonesia largely relies on imports of the commodity to meet domestic demand.
Indonesia imported 3.9 million tonnes of LPG from the US last year, worth US$2.03 billion, with crude oil imports valued at $430.87 million last year, according to Statistics Indonesia (BPS).
“Now, 54 percent of imported LPG is from the US and we will increase that to around 80 to 85 percent,” Energy and Mineral Resources Minister Bahlil Lahadalia said on Thursday, as quoted by Bloomberg Technoz.
The government is also planning to increase imports of crude oil from the US to 40 percent from currently around 4 percent of Indonesia's crude oil imports.
Most oil and gas imports for domestic consumption come from Singapore, the Middle East, Africa and Latin America.
Read also: Govt wants to bump up gas imports from US
