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Indonesia's Oil and Gas Imports Reached US$32 Billion in 2025

Akbar Ridwan 05/03/2026 18:09 WIB

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Indonesia imported 55.33 million tons of oil and gas (migas) in 2025, with a total value of US$32.77 billion.

The value of Indonesia's oil and gas imports, by country of origin (2025)*

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The value of Indonesia's oil and gas imports, by country of origin (2025)*

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According to the Central Statistics Agency (BPS), Indonesia will import 55.33 million tons of oil and gas (O&G) in 2025, with a total value of US$32.77 billion.

Indonesia's O&G imports mainly come from Singapore and Malaysia. If combined, these two neighboring countries account for 41% of the total national O&G import volume.

In terms of transaction value, Singapore accounts for 29.7% of Indonesia's total O&G import value, and Malaysia for 16.2%.

Here are the values of Indonesia's O&G imports by country of origin in 2025:

Singapore: US$9.72 billion
Malaysia: US$5.31 billion
United States (US): US$3.01 billion
Saudi Arabia: US$2.59 billion
Nigeria: US$2.45 billion
United Arab Emirates: US$995.7 million
Australia: US$795.8 million
Qatar: US$776.1 million
China: US$548.3 million
South Korea: US$284.4 million
Other countries: US$6.29 billion

As for 2026, Indonesia plans to reduce the share of O&G imports from certain countries and replace them with supplies from the US.

This plan emerged after President Prabowo and US President Donald Trump signed a trade agreement called the Agreement on Reciprocal Trade (ART).

In this agreement, Indonesia committed to importing liquefied petroleum gas (LPG) from the US worth US$3.5 billion, crude oil worth US$4.5 billion, and refined fuel products worth US$7 billion.

According to the Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, this commitment will change Indonesia's O&G purchasing trends.

"What we allocate to buy fuel in the US doesn't mean we're increasing the import volume, but we're shifting some of our import volume from several countries, including those in Southeast Asia, the Middle East, and some African countries," said Bahlil in a press release on Friday (20/2/2026).

"Overall, the balance of our fuel purchases from abroad is the same, we're just shifting it," he said.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia's Oil and Gas Imports Reached US$32 Billion in 2025

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