Close Menu
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Facebook X (Twitter) Instagram Threads
Trending:
  • Root delighted with England’s tense chase against India 
  • From Australia to Hong Kong: Wokingham welcomes 27 new citizens – Wokingham.Today
  • UAE citizens able to renew Emirates ID up to one year before expiry under government drive
  • Hong Kong’s Uncertificated Securities Market What Listed Issuers Need to Know
  • NatWest shrinks UK headcount while Indian workforce jumps 43%
  • Bybit enters Indonesia after NOBI acquisition with 500+ pairs
  • Japan relaxes royal succession rules – but ban on female emperors remain – BBC
  • Malaysia now looks to make its own missiles after Norway deal fails
  • Bangkok Post – Last Thai standing: Kunlavut storms into Tokyo quarters
  • South China Sea remarks slammed
  • Landslide buries houses, traps people in Southwest China’s Chongqing
  • Delhi Police arrest four for molesting BLO during SIR electoral roll revision – Delhi News
  • Revolut wins in-principle approval from Dubai’s VARA to offer crypto services in the UAE
  • Timed with the Canton Fair, Connexion ShenZhen 2026…
  • Gong Yoo to hold fan meeting “The Long Take” in Jakarta, October 17
  • Malaysia’s economy expands 5.8% in 2Q, advance estimates reveal
  • AutoCanada Sells Three B.C. Automobile Dealerships for $32.2M
  • Yorkshire Air Museum unveils interactive summer programme
Friday, July 17
Facebook X (Twitter) Instagram
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Simply Invest Asia
Home»Explore by countries»Indonesia»Prabowo heads to Russia to secure energy, fertiliser stocks for Indonesia amid Middle East tensions
Indonesia

Prabowo heads to Russia to secure energy, fertiliser stocks for Indonesia amid Middle East tensions

By IslaApril 12, 20264 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


JAKARTA – Indonesian President Prabowo Subianto departs Jakarta on the evening of April 12 for Moscow to meet his Russian counterpart amid the ongoing conflicts in the Middle East that show no signs of abating.

Mr Prabowo and President Vladimir Putin are expected to hold bilateral talks that focus on the potential procurement of Russian energy products and raw materials for Indonesia’s fertiliser production.

The South-east Asian nation is taking proactive steps to ensure its national energy resilience and secure the agricultural materials it needs.

“President Prabowo will discuss the global geopolitical situation with President Putin, particularly regarding (the) energy situation, such as fuel volatility amid conflicts in the Middle East. This is something very strategic for Indonesia,” Mr Angga Raka Prabowo, head of the Government Communication Agency (Bakom), told The Straits Times on the night of April 12. “It (Mr Prabowo’s trip to Russia) may open up opportunities for other cooperation,” Mr Angga, who is also Vice-Minister of Communication and Digital Affairs, added.

Separately, another senior government official told ST that Indonesia may also seek to source raw materials from Russia to produce fertilisers. Russia is one of the world’s largest exporters of potassium, a foundational raw material for making fertilisers.

In recent weeks, Indonesia has faced a combination of a domestic spike in demand for fuel, due to the Hari Raya travel season, and severe external pressures over the ongoing Middle East conflict, which has pushed global oil prices above US$100 a barrel.

The country is making efforts to ensure that its national fuel stocks are safe and stable. Its state-owned oil and gas company, Pertamina, must secure reserves above the mandated minimum of 21 days, according to government regulation.

Indonesia’s oil refineries in Balikpapan, Balongan, Cilacap, Dumai and Plaju have been operating at maximum capacity while depot storage limits are maximised.

To cool demand and stretch existing supplies, the government enacted a strict rationing policy on April 1, capping the purchase of fuel by private motorists.

With the Strait of Hormuz, through which roughly 20 per cent of the world’s oil passes, facing a blockade in the Iran war, Pertamina has rapidly pivoted its crude oil procurement strategy. Indonesia is reducing its reliance on Middle Eastern crude oil and sourcing oil imports from Africa, the Americas and other non-conflict regions, Pertamina chief executive Simon Aloysius Mantiri told reporters in March. To permanently reduce reliance on imported fossil fuel, the Indonesian government has also allocated more crude palm oil to be used in biofuel. It plans to raise the palm oil and diesel blend to 50 per cent from the current 40 per cent starting from July 1.

Mr Prabowo’s last trip to Russia was on Dec 10, 2025, when he met Mr Putin at the Kremlin in an effort to improve Indonesia’s strategic partnership with Russia, including discussions that emphasised tangible economic cooperation.

Mr Putin had expressed strong interest in investing in Indonesia’s offshore energy, expanding hydrocarbon supplies and collaborating in pharmaceuticals and shipbuilding. Russian state-backed energy giant Rosneft also reaffirmed its commitment to the delayed Tuban oil refinery project in Indonesia’s East Java province, pledging substantial capital to accelerate construction and bolster Indonesia’s domestic fuel security. 

Before the Kremlin summit, Mr Prabowo had attended the St Petersburg International Economic Forum in June 2025, a critical platform where a deepened bilateral partnership between the two countries was officially showcased.

Mr Prabowo delivered a keynote speech at the forum, where he argued that free market capitalism had failed to create opportunities for the working class, adding that among his administration’s main priorities were food self-sufficiency, energy dependence, educational enhancement and accelerated industrialisation.

His current trip to Moscow to secure energy and fertiliser is a direct execution of the self-sufficiency mandates he mentioned at the forum in 2025.

This continuous engagement stresses Jakarta’s non-aligned, active foreign policy and Moscow’s growing focus on the Indo-Pacific, home to more than half of the global population and which generates roughly 60 per cent of the global gross domestic product.

Increasingly, the region has become the focus of geopolitical competition. While the United States historically maintains a dominant security role in the Indo-Pacific, China has rapidly expanded its economic and military influence as well.

At the Dec 10 summit in the Kremlin, Mr Prabowo highlighted the warm relationship between Indonesia and Russia, and formally invited Mr Putin to visit Indonesia in 2026 or 2027. The Russian leader accepted the invitation, signalling a mutual desire to sustain the two countries’ positive diplomatic momentum.



Source link

Related Posts

Bybit enters Indonesia after NOBI acquisition with 500+ pairs

July 17, 2026

BAMBANG PAMUNGKAS: THE INDONESIAN FORWARD FEARED BY OPPOSING DEFENDERS

July 16, 2026

Student in Indonesia’s West Sumatra detonates homemade bomb at school after alleged bullying – Asia News Network

July 16, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

China Scraps 12,000 Degrees in Biggest Academic Overhaul in Years

June 14, 2026

Chinese Wall may stem India tech flows for electronics and automobile

June 1, 2026

Abandoned malls, whispers of nuclear war and young foreigners detained. This is what’s REALLY going on in Dubai… and the chilling warning one taxi driver gave to the Mail’s IAN BIRRELL

April 11, 2026
Don't Miss

Root delighted with England’s tense chase against India 

By IslaJuly 17, 2026

Taking England across the finish line in their second ODI against India, Joe Root was…

From Australia to Hong Kong: Wokingham welcomes 27 new citizens – Wokingham.Today

July 17, 2026

UAE citizens able to renew Emirates ID up to one year before expiry under government drive

July 17, 2026

Hong Kong’s Uncertificated Securities Market What Listed Issuers Need to Know

July 17, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Top Trending

Revolut wins in-principle approval from Dubai’s VARA to offer crypto services in the UAE

By IslaJuly 17, 2026

Timed with the Canton Fair, Connexion ShenZhen 2026…

By IslaJuly 17, 2026

Gong Yoo to hold fan meeting “The Long Take” in Jakarta, October 17

By IslaJuly 17, 2026
Most Popular

Indonesia, Belarus sign 7 pacts as presidents meet in Jakarta

July 2, 2026

Harmony Gold Mining Co Ltd (HMY) Shares Fall 5.9% — What GF Sco

April 22, 2026

Mainland Chinese buyers fuel 93 per cent surge in Hong Kong property deal value

April 14, 2026
Our Picks

Dubai and Middle East flight disruption: the latest updates as Iran launches new attacks on UAE

May 5, 2026

Chinese buyers snap up Indonesian palm oil before export revamp

June 11, 2026

Nepal News | Nepal’s First Online News Portal

May 30, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Simply Invest Asia.
  • Get In Touch
  • Cookie Policy
  • Privacy policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.