Jakarta Globe·3 min read·medium

Term Contract for Russian Crude

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Term Contract for Russian Crude
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Indonesia is finalizing a long-term contract to import 150 million barrels of Russian crude oil to secure its energy needs. Energy Minister Bahlil Lahadalia stated that the move is a matter of national independence and is not subject to foreign intervention.

August 5, 2026 | 3:43 pm SHARE URL berhasil di salin. President Prabowo Subianto meets his Russian counterpart Vladimir Putin in Moscow on April 13, 2026. (Photo Courtesy of Cabinet Secretariat) Jakarta. Indonesia is preparing a long-term contract for Russian crude oil, according to Energy Minister Bahlil Lahadalia.

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