Will diversifying fuel imports be enough to fix Indonesia’s energy shortfall?
AI Summary
Indonesia is seeking to diversify petrol imports beyond Singapore, but analysts say supply diversification alone will not resolve its fuel shortfall. They argue the country needs faster refinery modernization and greater investment in alternative fuels.
Indonesia is looking beyond Singapore for petrol supplies as it seeks to reduce its dependence on a single source, but analysts say diversifying imports will do little to address the country’s fuel production shortfall without faster refinery modernisation and investment in alternative fuels. Indonesia has long sourced petroleum products from Singapore, including RON 90 petrol, which has a minimum octane rating of 90 and is marketed domestically as Pertalite. Singapore’s geographic proximity,...