Indonesia expects Russian crude shipment within weeks
Jakarta, May 11 -- Indonesia expects its first crude oil shipment from Russia to arrive within the next two weeks after finalizing delivery arrangements, Energy Minister Bahlil Lahadalia said, marking a step toward a broader supply agreement reached under President Prabowo Subianto.
"Now we are discussing the shipping technicalities. Maybe it can happen within one or two weeks," Bahlil told reporters in Jakarta on Monday.
He said Indonesia and Russia had reached an agreement on crude oil purchases and contracts had been signed, with only shipping arrangements remaining before deliveries begin.
"The deal is done, the contract is done," he said, without disclosing the value of the agreement or pricing terms.
The imports form part of Ind...
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