Indonesia seeks cooperation in oil and gas, nuclear energy with Russia
Indonesia aims to start nuclear power generation by 2034, with a government roadmap already in place to develop small modular reactors (SMRs) with capacities ranging from 300 to 500 megawatts.
Energy and Mineral Resources Minister Bahlil Lahadalia (C) speaks at the Jakarta Geopolitical Forum on June 24 (Source: Jakartaglobe.id).
Jakarta (VNA) - Indonesia is seeking to strengthen energy cooperation with Russia and accelerate its nuclear energy development plan as part of a long-term energy security strategy amidst rising geopolitical tensions.
Indonesian Minister of Energy and Mineral Resources Bahlil Lahadalia stated on June 24 that the country is considering the possibility of importing natural gas from Russia, exporting crude oil to Moscow, and cooperating to increase oil production.
These proposals were made following his visit to Russia last week, which was part of President Prabowo Subianto’s state visit for talks with Russian President Vladimir Putin.
Bahlil confirmed that follow-up meetings with representatives of Russian enterprises have been scheduled for this week as part of Indonesia’s efforts to diversify its energy partnerships while maintaining its traditional non-aligned foreign policy.
The goal of the Ministry of Energy and Mineral Resources is to increase the national oil production to 605,000 barrels per day by the end of this year, which will involve reactivating inactive oil wells.
Out of an estimated 39,000 oil wells across Indonesia, only about 16,000 to 17,000 are currently in operation.
Regarding nuclear energy, Indonesia aims to start nuclear power generation by 2034, with a government roadmap already in place to develop small modular reactors (SMRs) with capacities ranging from 300 to 500 megawatts.
The minister revealed that Russia and Canada are among the nꦿations that have formally indicated their interest in participating in the project./.
An Indonesian official emphasised that energy security is extremely essential amid global geopolitical and economic fragmentation, highlighting the need for the energy industry to strengthen resilience and responsiveness in the face of fluctuating oil prices and the shift to clean energy.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The package, endorsed on June 24, comprises 481 projects designed to boost GDP by an additional 0.4% and generate temporary employment for about 7.4 million people nationwide.
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Speaking at the launch of the Indonesia Economic Prospects June 2025 edition on June 23 in Jakarta, Turk noted that Indonesia’s gross domestic product (GDP) expanded 4.9% in the first quarter of 2025 compared to the same period last year.
Anti-dumping duties will continue to be imposed on producers from China and Japan while those on relevant exporters from the RoK and Vietnam will be terminated, starting from June 23.
A specialist police unit has acquired a fleet of off-road vehicles to help officers navigate rough, unpaved terrain – and flood waters – to respond more quickly to public security incidents.
The pact covers goods, services, investments, intellectual property rights, customs facilitation, competition policy, sanitary and phytosanitary, trade and sustainable development, government procurement and economic cooperation.
The talent programmes mark another milestone in the technical partnership between PETRONAS and the Energy Institute, which focuses on three pillars: promoting decarbonisation and operational excellence through innovative solutions, enabling informed decision-making with expert advice, and nurturing the next generation of energy professionals.
The firefighters found an active blaze at the lorry depot located in the city of Pasir Gudang near the state capital of Johor Bahru, with flames spreading quickly due to strong winds and igniting a neighboring disused oil storage area.
Investigators believe the operation is part of a broader scam network involving romance scams, where victims are lured into fake relationships and persuaded to transfer money.
Ambassadors, Consuls General, along with staff and their families, joined traditional sports and cultural activities of Southeast Asia and performances bearing regional identity, thus contributing to strengthening unity and the ASEAN community spirit in New York.
In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.
The forum, which involves global experts and creative leaders from across 14 cultural sectors, aims to expand Thailand’s presence on the world stage through innovation and cultural exchange.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
