Pertamina Explores Deeper Oil and Gas Cooperation with Iraq

Strategic Visit Strengthens Bilateral Energy Ties

PT Pertamina Internasional Eksplorasi dan Produksi (PIEP), a subsidiary of Pertamina Hulu Energi (PHE), is actively exploring expanded cooperation in the upstream oil and gas sector with the Iraqi government. This development follows an official visit by Iraq's Deputy Minister of Oil for Extraction Affairs, Basim M. Khudair, to Indonesia from December 15-17, 2025. The Iraqi delegation, which included four Directors General and representatives from the Iraqi Embassy in Indonesia, engaged in high-level discussions with key Indonesian energy stakeholders.

Key Discussions and Stakeholder Engagement

The visit featured a comprehensive agenda that included an audience with Indonesia's Vice Minister of Energy and Mineral Resources, Yuliot Tanjung, as well as meetings with Oki Muraza, Vice President Director of PT Pertamina (Persero). These interactions underscored the mutual interest in strengthening bilateral cooperation in the energy sector. The discussions are expected to pave the way for potential new collaborations between Pertamina and Iraqi oil and gas entities.

Implications for Indonesia's Energy Sector

This diplomatic engagement is significant for Indonesia as it seeks to enhance its energy security through strategic international partnerships. The potential expansion of cooperation with Iraq, a country with substantial oil reserves, could provide Pertamina with new opportunities for growth and technological collaboration in the upstream oil and gas sector. Moreover, this move aligns with Indonesia's broader strategy to diversify its energy sources and strengthen its position in the global energy market.