Executive Summary

Key insights and market outlook

Indonesia is set to increase crude oil imports from the United States starting December 2025 as part of ongoing reciprocal tariff negotiations ¹

²³. The decision comes as the government continues to diversify its energy sources while maintaining existing LPG imports from the US ²³. Minister of Energy and Mineral Resources Bahlil Lahadalia confirmed the plans, stating that crude oil shipments are expected to commence next month.

Full Analysis

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Deep Dive Analysis

Indonesia to Boost US Oil Imports Amid Reciprocal Tariff Talks

Strategic Energy Diversification Move

Indonesia is set to commence crude oil imports from the United States in December 2025, marking a significant development in its energy procurement strategy ¹

²³. This move is part of ongoing reciprocal tariff negotiations between Indonesia and the US, aimed at strengthening bilateral trade relations.

Existing LPG Imports to Continue

The decision to import US crude oil comes as Indonesia continues to import liquefied petroleum gas (LPG) from the United States ²

³. Minister of Energy and Mineral Resources Bahlil Lahadalia confirmed that LPG imports are already ongoing, with crude oil shipments expected to start next month. The exact volume of crude oil imports has not been disclosed.

Negotiation Context

The import plan is part of broader negotiations between Indonesia and the US regarding reciprocal tariffs. While details of the negotiations remain limited, the energy trade is seen as a key component of the bilateral discussions.

Implementation Details

State-owned energy company PT Pertamina (Persero) is expected to handle the import of US crude oil, as previously indicated by Coordinating Minister for Economic Affairs Airlangga Hartarto ¹

. The import plan represents a strategic move to diversify Indonesia's energy sources and optimize trade opportunities.

References