Jakarta, CNBC Indonesia – The Central Bureau of Statistics (BPS) revealed that Indonesia’s oil and natural gas import performance (oil and gas) in January-March 2024 reached US$ 9 billion or approximately Rp. 145.8 trillion (assuming an exchange rate of Rp. 16,200 per US. $), an increase of 8.13% compared to the same period in 2023 which amounted to US $ 8.33 billion.
Oil and gas imports in the first quarter of 2024 include:
– Crude oil imports amounted to US$ 2.4 billion.
– Imports of oil products amounted to US$ 6.6 billion.
Specifically for March 2024, Indonesia’s oil and gas imports were recorded at $3.33 billion, an increase of 11.64% compared to February 2024 which was $2.98 billion.
The value of Indonesia’s crude oil imports in the period January-February 2024 will reach US$ 1.5 billion or Rp.
Based on BPS data, most of Indonesia’s crude oil imports come from Saudi Arabia, Angola, Nigeria, the United States, Australia and other countries. The following is data on Indonesia’s crude oil imports until February 2024:
1. Saudi Arabia had a volume of 735 thousand tons with a value of US $ 439 million.
2. Angola accounted for a volume of 618.3 thousand tons with a value of US $ 350 million.
3. Nigeria accounted for 503 thousand tons with a value of US$ 296 million.
4. The United States with a volume of 214 thousand tons with a value of US $ 139 million.
5. Australia accounted for a volume of 153 thousand tons with a value of US $ 102 million.
6. Others corresponded to a volume of 413 thousand tons with a value of US $ 243 million.
Meanwhile, diesel imports or HSD in the January-February 2024 period reached 1.2 million tons with a value of $939.1 million. Most HSDs are imported from Singapore, the United Arab Emirates, Malaysia and others.
Next, for fuel oil, in the January-February period, the volume of imports reached 139 thousand tons with a value of US $ 87.7 million. Most of the fuel oil is imported from Malaysia and Singapore.
Before that, Minister of Energy and Mineral Resources Arifin Tasrif revealed that most of Indonesia’s fuel imports came from Singapore, Malaysia and India. Meanwhile, crude oil comes from Saudi Arabia and African countries such as Nigeria.
“We also import fuel from three countries such as Singapore, Malaysia and India. We have to anticipate the supply sources of the refinery which are Singapore, Malaysia and Indian refineries. If Russia banned it in the past, they still took it. indeed geopolitical “This is bad,” said Arifin at the Office of the Director General of Oil and Gas, which was announced on Tuesday (23/4/2024).
Meanwhile, imports of Liquefied Petroleum Gas (LPG) come from the United Arab Emirates (UAE) and the United States (US).
Arifin said domestic oil production has so far not been enough to meet domestic needs of 1.44 million barrels per day (bpd). Currently, average national oil production is only about 600 thousand bpd.
To meet this shortage, Indonesia has been importing oil from various countries with a total of 840 thousand bpd. Composed of 600 thousand bpd of fuel and 240 thousand bpd of crude oil.
(wia)
2024-04-23 07:55:05
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