Antara News·Indonesia·Tuesday, November 3, 2026 at 12:09 PM UTC

Indonesia targets 60 days of crude oil storage

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F. Rochman, Tegar Nurfitra

Jakarta (ANTARA) - Indonesia aims to expand its capacity to store imported crude oil to 60 days of domestic demand by building facilities across Sumatra, Coordinating Minister for Downstreaming and Energy Transition Bahlil Lahadalia said.

"Feasibility studies are complete. By year-end, we will begin assessing proposed sites for safety, including seismic risks and local security conditions," he told reporters in Jakarta on Tuesday.

After a limited meeting with President Prabowo Subianto, Bahlil said the plan would bring Indonesia closer to the International Energy Agency's 90-day stockholding benchmark for member countries, measured against net oil imports.

"We want to get as close as possible to the minimum standard. Even if we cannot meet it, we will at least come close," he said.

He said safety would be a key factor in selecting sites and assured the public that the facilities would not be built in disaster-prone areas.

Bahlil also outlined the government's efforts to introduce an E20 mandate requiring gasoline to contain at least 20 percent ethanol made from plant-based feedstocks.

"The president asked about our readiness to implement E20 to strengthen energy security. We have prepared strategic plans for E20 and even E50," Bahlil said.

He said coordination between the Energy and Mineral Resources Ministry and the Agriculture Ministry was essential to ensuring sufficient feedstock for the bioethanol program.

The government also remains committed to B50, which requires diesel fuel to contain 50 percent biodiesel, he said.

"We will press ahead with B50," Bahlil said, describing the policy as a way to shield Indonesia from energy supply disruptions caused by geopolitical tensions.

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