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The Soaring Costs of Oil Purchases

Monday, March 2, 2026

Indonesia is set to import crude oil, refined fuel products, and liquefied petroleum gas from the United States worth US$15 billion. The logistics bill will be higher.

arsip tempo : 177656592249.

PT Pertamina Patra Niaga, the downstream subholding of PT Pertamina (Persero), signs a number of strategic agreements with Hartree Partners LP and Phillips 66 in Washington, DC, United States, February 19, 2026. Doc. PT Pertamina Patra Niaga. tempo : 177656592249.

THE management of Pertamina Patra Niaga signed memorandums of understanding with two American oil and gas companies, Hartree Partners LP and Phillips 66, on Wednesday, February 18, 2026, a day before President Prabowo Subianto inked the agreement on reciprocal trade between the United States and Indonesia in Washington, D.C. The MoUs cover cooperation in supplying crude oil as feedstock for the Cilacap refinery in Central Java and the Balikpapan

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