"Now we are discussing the shipping technicalities. Maybe it can happen within one or two weeks," Bahlil told reporters in Jakarta on Monday.
He said Indonesia and Russia had reached an agreement on crude oil purchases and contracts had been signed, with only shipping arrangements remaining before deliveries begin.
"The deal is done, the contract is done," he said, without disclosing the value of the agreement or pricing terms.
The imports form part of Indonesia's plan to buy 150 million barrels of Russian crude gradually through the end of 2026, following President Prabowo Subianto's visit to Russia.
The initiative signals Jakarta's effort to diversify energy supplies while managing domestic fuel demand and refining capacity amid volatile global oil markets.
Deputy Energy Minister Yuliot Tanjung said on April 24 that the government was still preparing the legal framework governing the planned Russian crude imports.
Officials are weighing two procurement options for the 150 million-barrel plan, according to Yuliot.
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Under the first option, state-owned enterprises would import the crude directly from Russia. The second option would channel purchases through a public service agency (BLU).
Yuliot said direct procurement by state companies could create complications because several firms already maintain long-term supply contracts with other oil producers and trading partners.
Using a BLU structure may offer greater flexibility, including financing arrangements and import administration, according to the ministry.
"We are still discussing this among ministries, agencies and state companies, including which import channels will be used," Yuliot said.
Indonesia has sought to strengthen energy cooperation with Moscow while balancing relations with Western trading partners that have imposed sanctions and price restrictions on Russian energy exports following the war in Ukraine.
Russian crude has continued flowing to Asian buyers, particularly China and India, often at discounted prices compared with Middle Eastern and benchmark global grades.
Indonesia, Southeast Asia's largest economy, remains a net oil importer despite domestic production, making access to lower-cost crude supplies a priority for the government.
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Translator: Putu IS, Rahmad Nasution
Editor: Anton Santoso
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