"We do not import oil and gas from Iran. Even though we have collaborated with Iran, it is not easy to implement," the ministry's Director General of Oil and Gas, Tutuka Ariadji, remarked on Monday.
He made this statement at a discussion on the impact of the Iran-Israel conflict on the Indonesian economy held by the Eisenhower Fellowships Indonesia Alumni Chapter.
Ariadji said that state-owned oil company Pertamina imports more processed fuel compared to crude oil.
Pertamina's main fuel import sources are Singapore (56.58 percent), Malaysia (26.75 percent), and India (6.28 percent). The United States, the United Arab Emirates, and Qatar are the main sources of its imported liquefied petroleum gas (LPG).
"A potential concern is that some of our fuel suppliers might be involved in the conflict," he said. "For example, the United States supplies our imported LPG."
Indonesia imported crude oil from Saudi Arabia and Nigeria, he said, adding that Pertamina is currently conducting a simulation to anticipate future escalated conflicts.
Globally, conditions are tense with the ongoing conflict between Iran and Israel. The attack on the Iranian consulate in Damascus, Syria, on April 1 triggered the latest hostility between Iran and Israel.
Iran then launched a retaliatory attack by firing dozens of ballistic missiles and hundreds of drones at Israel on April 13.
Israel claimed the attack had been neutralized and only hit its military air base with no serious damage incurred.
In the wake of such conditions, Indonesia expressed concern over the escalation of the security situation in the Middle East and called on Iran and Israel to exercise restraint.
"Indonesia urges the United Nations Security Council to take action immediately to reduce tensions and continue to strive to establish peace in the Middle East," the Indonesian Foreign Affairs Ministry posted on X on Sunday.
Some impacts highlighted are a projected increase in oil prices, reaching US$100 per barrel. Based on data from the ESDM Ministry, the Indonesian Crude Price (ICP) as of April 12 was recorded at US$89.51 per barrel.
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Translator: Putu Indah S, Resinta Sulistiyandari
Editor: Anton Santoso
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