Amidst Global Turmoil, National Fuel Stocks Guaranteed Secure
Jakarta – Amidst the turmoil of global conflict, the government continues to ensure that energy stocks, particularly fuel (BBM), remain secure and stable. This is being done to prevent public anxiety that could lead to panic buying.
Coordinating Minister for Economic Affairs Airlangga Hartarto stated that fuel stocks remain secure amid global uncertainty caused by the conflict in the Middle East. The escalation of the conflict between the US, Israel, and Iran has impacted the global supply chain, but Indonesia is still able to survive.
“National fuel stocks are secure, and fiscal stability remains maintained. Therefore, the following policies have been taken to ensure the public remains calm and productive,” said Airlangga.
In this regard, the government has officially implemented a work-from-home (WFH) policy for state civil servants (ASN) every Friday and has restricted the use of official vehicles and official travel.
Regarding fuel prices, PT Pertamina (Persero) confirmed that there will be no adjustments to fuel prices, both subsidized and non-subsidized, in accordance with government directives. Pertamina’s Vice President of Corporate Communications, Muhammad Baron, stated that his company is ready to implement government policies to maintain national economic stability amidst the pressures of the global energy crisis.
“Pertamina is ready to implement government policies to maintain national economic stability amidst the global energy crisis,” Baron stated.
He added that the company’s main priority currently is ensuring energy availability and optimizing the supply chain so that energy distribution reaches all regions.
Furthermore, Pertamina has also coordinated with the State-Owned Enterprises Regulatory Agency (BP BUMN) to ensure national energy security and the smooth distribution of fuel throughout Indonesia.
Dony Oskaria, Head of BP BUMN and COO of Danantara, stated that this step is part of efforts to ensure the stability of domestic fuel supplies. “This is part of the effort to maintain the stability of the national energy supply so that people’s needs are met safely, equitably, and sustainably,” he said.
The state-owned oil and gas company BP BUMN also reaffirmed its commitment to supporting the strengthening of the energy sector as a crucial foundation for maintaining economic activity and public services for the community.
Meanwhile, the remainder is supplied from various countries, including Africa, Latin America, the United States, Malaysia, and several others. In addition to crude oil imports, Indonesia has also established long-term partnerships with Singapore and Malaysia for the supply of fuel products.
Furthermore, amidst global geopolitical dynamics, the government has begun exploring the diversification of crude oil import sources to reduce dependence on the Middle East.