Indonesia is considering buying Russian oil
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Indonesian President Joko Widodo did not rule out that his country would buy Russian oil in order to curb rising energy prices. According to him, the government must find a solution to meet the energy needs of the population.
“We are always monitoring all options. If there is a country that offers the best price, of course,” Mr. Widodo answered the question Financial Times about whether Indonesia will buy Russian oil.
In August, Bloomberg informedthat Russia offered a discount on oil up to 30% on long-term contracts for Asian countries, including Indonesia. Meanwhile, US authorities urge Indonesia to agree to impose a ceiling on oil prices from the Russian Federation. G7 countries agreed the introduction of this measure on 2 September. As part of this mechanism, from December 5, also will be banned sea transportation of Russian oil.
Details – in the material “Kommersant” “Oil and gas covered ceilings”.
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