Executive Summary

Key insights and market outlook

Indonesia is set to begin importing crude oil from the United States in December 2025 as part of a reciprocal tariff negotiation strategy ¹

². The import plan, confirmed by Minister of Energy and Mineral Resources Bahlil Lahadalia, marks a significant expansion of energy trade between the two countries. PT Pertamina (Persero) is preparing to handle the imports pending government approval ¹.

Full Analysis

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Deep Dive Analysis

Indonesia to Begin Crude Oil Imports from US in December 2025

Strategic Energy Trade Expansion

Indonesia is poised to commence importing crude oil from the United States in December 2025, as part of a broader strategy related to reciprocal tariff negotiations between the two countries ¹

². This move, confirmed by Minister of Energy and Mineral Resources Bahlil Lahadalia, represents a significant development in the energy trade between Indonesia and the US.

Pertamina's Role in the Import Plan

PT Pertamina (Persero), Indonesia's state-owned oil and gas company, is preparing to facilitate the import of US crude oil, pending government approval ¹

. Simon Aloysius Mantiri, Pertamina's CEO, stated that the company is awaiting regulatory clarity to proceed with the imports. Pertamina's refineries are being prepared to process the crude oil from the US.

Background and Implications

Currently, Indonesia primarily imports liquefied petroleum gas (LPG) from the US ²

. The planned crude oil imports mark an expansion of energy commodities traded between the two nations. While details about the procurement scheme are still emerging, the development is seen as part of a strategic move to diversify Indonesia's energy sources.

References