Jakarta, May 11 -- Indonesia has proposed hosting an ASEAN oil storage hub and plans a separate facility in Sumatra to boost reserves, Energy Minister Bahlil Lahadalia said, as regional leaders weigh steps to strengthen energy security.

"We will build storage anywhere, but I proposed Indonesia," Lahadalia said in Jakarta on Monday, adding no agreement has been reached on the ASEAN hub's location.

He said Indonesia would work with Malaysia, Brunei and the Philippines to advance the proposal.

The hub would help build regional reserves to supply Southeast Asian countries during disruptions.

Separately, Indonesia plans an oil storage facility in a Sumatra special economic zone to raise its energy buffer reserve (CPE).

The project is in a...