Posted in

Gov’t ensures energy security amid global conflict

Jakarta (ANTARA) – The government has ensured that national energy remains secure amid global turmoil, especially amid conflicts involving Iran, Israel, and the United States in the Middle East region.Expert Staff to the Minister of Energy and Mineral Resources, Satya Hangga Yudha Widya Putra, in a statement here on Wednesday, said the impact of the conflict is being felt globally, especially by oil-importing countries.The closure of the Strait of Hormuz by Iran, which accounts for around 20 percent of global oil and LNG trade routes, has held up around 150 vessels and triggered uncertainty in global energy supply.“Indonesia still relies on imports, with lifting at around 600 thousand barrels per day and consumption reaching 1.6 million barrels. However, national fuel stocks remain safe and under control,” he stressed.Putra added that the government has continued to ensure supply availability through ongoing domestic refinery production and diversification of import sources from regions such as the United States, Latin America, Africa, and Australia.In response to comparisons with other Asian countries, he explained that the 27-28 days of fuel stock does not mean Indonesia has static reserves.“Production and imports continue, so supply is maintained, even as global prices increase,” he said.The government is also strengthening energy resilience by developing oil storage facilities in Sumatra as part of downstreaming and national energy security programs under Presidential Regulation No. 1 of 2025.In the short term, policies such as one day of work from home (WFH) per week are expected to reduce fuel consumption by up to 20 percent.For the medium and long term, the government is speed up the energy transition toward new and renewable energy, including geothermal, solar, and wind, as well as diesel-biodiesel blend programs such as B40 to be increased to B50.