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Russia ready to help Indonesia with oil and gas, nuclear: Envoy
Russian Ambassador to Indonesia Sergei Gennadievich Tolchenov reasserted the country's readiness to advance energy cooperation with Indonesia, including through investments in and trade of oil and gas as well as assisting in building nuclear power plants.
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An oil refinery is seen from a ferry on July 9, 2024, in Balikpapan, East Kalimantan. (AFP/Yasuyoshi Chiba)
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ussia has reasserted its readiness to supply oil and gas to Indonesia amid the latter’s ambitions to reach energy sufficiency, and pledged commitment to continue the talks on an oil refinery project in East Java that have been hung on the line.
On top of oil and gas, Moscow is also ready to “start negotiations tomorrow” with Jakarta should the Southeast Asian nation be interested in building a nuclear power plant to help achieve President Prabowo Subianto’s energy self-sufficiency ambitions for Indonesia, Russian Ambassador to Indonesia Sergei Gennadievich Tolchenov said.
“We are ready to be one of the suppliers of oil and gas, for example, LNG [liquified natural gas] and crude oil to Indonesia,” the envoy told The Jakarta Post in an interview in Jakarta on Friday.
As part of the cooperation between the two countries on the energy sector, he reasserted that Russia was still working with Indonesia on “an oil refinery and petrochemical complex” in Tuban, East Java.
Tolchenov referred to the US$13.5 billion Tuban Grass Root Refinery (GRR) project that had been codeveloped by state energy holding firm Pertamina and Russian firm Rosneft since 2017. Once completed, the project is expected to have a production capacity of 80 kilobarrels per day.
Read also: Work on Tuban refinery with Rosneft continues: Govt
Pertamina subsidiary PT Kilang Pertamina Internasional controls 55 percent of the joint venture running the project, PT Pertamina Rosneft Pengolahan dan Petrokimia (PRPP); while Rosneft’s affiliate in Singapore, Rosneft Singapore, holds the remaining 45 percent.
