Tag Archives: diversify

Indonesia Secures Russian Oil Imports to Bolster Domestic Supply and Diversify Energy Sources Amid Geopolitical Volatility

Jakarta, Indonesia – In a strategic move to fortify its national energy security and mitigate risks associated with an unpredictable global geopolitical landscape, Indonesia has confirmed its decision to purchase crude oil from Russia. Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, announced the pivotal decision, emphasizing that the procurement is a critical component of Indonesia’s broader strategy to …

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