Indonesia has started receiving crude oil shipments from Nigeria as part of efforts to diversify its import sources and reduce dependence on West Asian supplies amid concerns over a possible global oil supply crisis.
The Director General of Oil and Gas at Indonesia’s Ministry of Energy and Mineral Resources, Laode Sulaeman, confirmed that shipments from Nigeria were already underway and arriving in the country.
According to reports on Wednesday, Sulaeman said Nigeria, Russia and the United States had emerged as key alternative crude oil suppliers to Indonesia due to their large production volumes.
He also assured that Indonesia’s domestic energy reserves, including crude oil, fuel and liquefied petroleum gas (LPG), remained stable and secure.
Before tensions escalated in West Asia, Indonesia sourced about 20 percent of its crude oil imports from the region.
In April, Indonesia reportedly secured a commitment from Russia for the supply of 150 million barrels of crude oil following bilateral discussions with Moscow.
The deliveries are expected to continue in phases until the end of 2026.
Sulaeman explained that Indonesia was now prioritising crude oil imports from regions with shipping routes that avoid the Strait of Hormuz due to growing security concerns in the area.
Earlier this week, Indonesia’s Minister of Energy and Mineral Resources, Bahlil Lahadalia, disclosed that the country would begin importing Russian crude oil within weeks.