Jakarta, May 11 -- Indonesia plans to build an oil storage facility in a Sumatra special economic zone to boost energy reserves, Energy Minister Bahlil Lahadalia said.

"We are planning to build it in Sumatra. We will establish a Special Economic Zone," Lahadalia told reporters at the ministry in Jakarta on Monday.

He said the project is in a feasibility study stage and is expected to strengthen national energy reserves.

Lahadalia added Indonesia had offered to host a planned ASEAN oil storage hub but would proceed with its Sumatra project regardless of the regional plan.

"Even without the ASEAN hub, Indonesia is already building oil storage. The idea emerged as we were ready to implement it," he said.

No agreement has been reached on...