Pertalite, biodiesel supply remains secure despite global shocks: Govt
Jakarta, Aug. 11 -- Coordinating Minister for Economic Affairs Airlangga Hartarto confirmed Tuesday that Indonesia's supplies of Pertalite and biodiesel remain secure through the end of the year, despite global conflict dynamics pressuring energy prices.
"Indonesia's average oil purchase price is currently around $91 per barrel; this remains relatively stable through the end of the year, meaning supplies of Pertalite and biodiesel are secure," Hartarto told reporters.
He noted that ongoing conflicts in Ukraine and the Middle East, alongside tensions in the Strait of Hormuz, continue to pose risks to global economic growth.
However, he emphasized that Indonesia's current purchasing structure shields domestic fuel needs from severe immed...
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