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Indonesia starts importing Russian crude

Indonesia starts importing Russian crude

Indonesia has begun importing Russian crude oil, receiving a shipment estimated at around 800,000 barrels from the Russian port of Kozmino. The oil was unloaded at a facility operated by Pertamina on Borneo Island. This move is part of the Indonesian government's plan to import 150 million barrels of Russian oil by 2026, aiming to diversify energy sources and reduce dependence on traditional suppliers amid global market fluctuations. These steps also underscore the increasing role of Russian oil in Asian imports and Jakarta’s efforts to ensure energy supply security at competitive prices.

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