Jakarta, April 25 -- Indonesia has secured 150 million barrels of oil from Russia at a special price, Presidential Special Envoy for Energy and Environment Hashim Djojohadikusumo said. Indonesia's Antara news agency quoted the official as saying that: "Indonesia has now obtained a commitment from the Russian government - 150 million barrels that we can store domestically to anticipate potential economic turbulence." Djojohadikusumo explained that the agreement was the result of President Prabowo Subianto's visit to Russia on April 13. Thus, Russia has become an alternative energy supplier for Indonesia amid the ongoing global energy crisis. The Southeast Asian nation maintains substantial fuel subsidies and, despite being an oil producer,...
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