Indonesia to Begin Reducing Fuel Imports from Singapore 'Soon'

Jayanty Nada Shofa
May 26, 2025 | 1:50 pm
SHARE
Energy and Mineral Resources Minister Bahlil Lahadalia speaks during the Energy and Mineral Forum hosted by B-Universe Media Holdings in Jakarta on May 26, 2025. The Jakarta Globe is also part of B-Universe Media Holdings. (David Gita Roza)
Energy and Mineral Resources Minister Bahlil Lahadalia speaks during the Energy and Mineral Forum hosted by B-Universe Media Holdings in Jakarta on May 26, 2025. The Jakarta Globe is also part of B-Universe Media Holdings. (David Gita Roza)

Jakarta. Energy Minister Bahlil Lahadalia said Monday that Indonesia would proceed with its plan to shift fuel imports from Singapore to the Middle East or elsewhere sooner rather than later. 

Bahlil spoke on the import reduction plans on the margins of the 2025 Energy and Mineral Forum in Jakarta. When asked about the time frame for the phase-out of Singaporean fuel. Bahlil responded with “Ju”, alluding to June or July, but stopped short of giving away more details.

“Ju- … But you know what, I don’t want to say the month, but it will happen soon,” Bahlil said.

Earlier that day, Bahlil told the forum that Indonesia could become a laughingstock if it continues to buy its energy from Singapore, given that the close neighbor does not have a crude oil production of its own. The island nation mainly gets its oil from the Middle East, before its domestic industries refine it for exports. Over half of the fuel that Indonesia imports comes from Singapore.

Advertisement

“We are importing fuel from a country that does not even produce it. This is funny. The price is even the same as the fuel that we buy from the Middle East. They [Middle East and Singapore] will laugh at us,” Bahlil said.

Singapore always topped the list of Indonesia's fuel suppliers between 2017 and 2022, according to the latest available estimates by the Central Statistics Agency (BPS). In 2022, about 10.9 million tons of Singaporean crude petroleum and its products made their way to Indonesia. These imports amounted to $10.4 billion in value. The Trade Ministry reported that Indonesia’s oil and gas imports from Singapore were worth $21.5 billion in 2024, up from $10.4 billion recorded the previous year.

Amid these plans, Indonesia also intends to buy more American fuel as a means to nudge US President Donald Trump into rolling back the reciprocal tariffs. US President Donald Trump has threatened to impose 32 percent tariffs on Indonesian goods starting in July. Bahlil recently said that the state-run oil company Pertamina “had no excuse” to not increase its US imports. 

Tags: Keywords:
SHARE

Related Articles


Business Aug 27, 2025 | 7:21 pm

Shell Indonesia Runs Out of Fuel Stock Amid Retail Exit Transition

Fuel shortages hit Shell stations in Indonesia amid retail exit; government assures Pertamina will meet demand.
News Aug 26, 2025 | 12:06 pm

Canada, Russia Eye Developing Nuclear Plant in Indonesia: Gov’t

Energy Minister Bahlil Lahadalia recently said that up to five countries were looking to help Indonesia generate nuclear power.
News Aug 25, 2025 | 5:43 pm

Gov’t to Entirely Control Indonesia’s Rare Earths

The plans came after President Prabowo Subianto set up a mineral industry body.
Business Aug 22, 2025 | 4:08 pm

Energy Minister Says Domestic Gas Supply Stable After West Java Pipeline Fire

Energy Minister Bahlil says domestic gas supply is stable after a West Java pipeline fire.
Business Aug 14, 2025 | 9:08 am

Energy, Minerals Add $8.6 Billion to Indonesia’s Non-Tax Revenue

Mineral resources and coal contribute Rp 74.2 trillion to Indonesia's non-tax revenue in the first half of 2025.
Business Aug 14, 2025 | 7:03 am

Bahlil Inspects $963 Million Floating LNG Facility Being Built for West Papua Gas Field

The FLNG unit will process gas from the Asap Kido Merah field in Teluk Bintuni Regency, West Papua, operated by Genting Oil Kasuri Limited.
Business Aug 12, 2025 | 7:26 am

Indonesia’s H1 Energy, Mineral Investments Hit Record High at $13.9 Billion

Investments in the Indonesian energy and mineral resources sectors have soared 24.1 percent year-on-year in the first half of 2025.
News Aug 11, 2025 | 8:32 pm

Minister Bahlil Dismiss Cabinet Rift Rumors After Viral VP Gibran Handshake Clip

Bahlil Lahadalia and Puan Maharani downplay a viral video of VP Gibran skipping handshakes, calling it a bad angle and no big deal.
Business Aug 5, 2025 | 11:03 pm

Indonesia to Source Lithium from Australia as EV Ambitions Accelerate

Bahlil noted that sourcing lithium from Australia would be more cost-effective due to reduced shipping distances.
News Jul 31, 2025 | 12:20 pm

Bahlil Vows to Bridge Indonesia’s Power Gap as 5,700 Villages Remain Without Electricity

Bahlil Lahadalia says 5,700 villages in Indonesia remain without electricity, calling rural access to power a matter of social justice.

The Latest


News 2 hours ago

Indonesia’s Military and Police Chiefs Warn Anarchy Will Be Met With Firm Measures

The police and military chiefs urge restraint as Jakarta unrest spreads after ojek driver’s death and violent attacks on public sites.
News 3 hours ago

Jakarta Rioters Loot Home of MP Sahroni Amid Widening Unrest

Demonstrators destroyed an electric car parked in the garage and looted valuables, including luxury bags, a large safe, and a television.
News 9 hours ago

What to Know After Thailand’s Top Court Booted Prime Minister

Deputy Prime Minister Phumtham and the current Cabinet will stay on in a caretaker government until a new prime minister is elected.
News 9 hours ago

Volkswagen Faces Historic $30 Million Compensation for Amazon Labor Abuses in Brazil

According to court filings, about 300 workers were hired under irregular contracts to clear the forest and prepare pastures.
News 10 hours ago

TransJakarta Suspends Operations After Protesters Torch Seven Bus Stations

The most recent incidents saw Bundaran Senayan and Pemuda Pramuka stations in central Jakarta completely destroyed by fire.
COPYRIGHT © 2025 JAKARTA GLOBE. ALL RIGHTS RESERVED