“The Ministry does not intervene in technical policy matters, but our role is to ensure certainty for both foreign and domestic investors operating in our country,” he said at a press conference here on Tuesday.
The ministry held a meeting with the Director General of Oil and Gas at the Ministry of Energy and Mineral Resources (ESDM) Laode Sulaeman, representatives from the Downstream Oil and Gas Regulatory Agency (BPH Migas), Pertamina Patra Niaga, and private fuel station operators.
“The Ministry of Investment received a letter from private business actors regarding the certainty and continuity of their investments in our country, particularly related to the issue of restrictions on the import quota of non-subsidized fuel sold by private gas stations,” Pasaribu explained.
According to him, the state must be present to address issues related to investment certainty in Indonesia. He explained that private fuel stations have faced shortages of non-subsidized fuel, driven by shifting consumer demand away from subsidized products.
Related news: Pertamina confirms fuel shipment for private retailers amid shortages
“We want to ensure that the state is present in managing issues related to their investments, because these private business actors already have existing and future investment plans,” he said.
He added that investments have a significant impact on the broader economic ecosystem, including job creation and industrial growth, particularly among small businesses.
“The state has an obligation to provide investment certainty, whether through licensing services, regulations, or policies,” he said.
Related news: Pertamina vows to restore public trust after fuel adulteration scandal
Related news: Indonesia summons private gas stations over Pertamina fuel deal
Translator: Aji, Kenzu
Editor: M Razi Rahman
Copyright © ANTARA 2025
