Indonesia to import 1.4 million kiloliters of U.S. fuel in exchange for lower tariffs
The Indonesian government has announced plans to import 1.4 million kiloliters of fuel from the United States, theTo meet the demand of the national oil company Pertamina and private gas stations while fulfilling the trade agreement with the United States. Total imports were 1.4 million kiloliters (including Pertamina and private sector demand) This was also in exchange for the US reducing tariffs on Indonesian goods (from 321 TP3T to 191 TP3T).
The Government requested Pertamina and private companies to submit detailed demand data.Import program will continue until the end of 2025The move is aimed at balancing the trade deficit while safeguarding the stability of domestic fuel supply. The move is aimed at balancing the trade deficit while guaranteeing a stable domestic fuel supply. Analysts point out that this marks a trade-off between Indonesia's energy security and international trade.