As A Result Of The Middle East Conflict, Indonesia Is Looking For Oil Sources From Other Countries

Illustration (Photo: Doc. Antara)

JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) opens the option of looking for oil sources from other countries as an anticipatory measure from the geopolitical conflict between Hamas and Israel.

Director General of Oil and Gas Tutuka Ariadji said the war with a allowance could raise world oil prices to a higher level.

The reason is, with the war, the cost of oil logistics will also increase.

Just so you know, Indonesian oil is mostly imported from Saudi Arabia and Nigeria

"We are basically open to looking for any sources. We are now the most imported from Saudi Arabia and Nigeria. We open up opportunities to find new sources of oil, we will adjust. If there is a problem, we can take it from where and so on," Tutuka told the media quoted on Tuesday, October 17.

Tutuka emphasized that he did not limit which countries would become the next Indonesian oil source as long as energy security was met and affordable by the public.

Nevertheless, he ensured that the conflict in the Middle East had not had a significant impact on Indonesia even though world oil prices continued to move up.

Tutuka explained that another scenario is if America also begins to move to the Middle East which can cause oil prices to continue to skyrocket.

He considered that the conflict that occurred would affect the imported oil logistics.

"If I see the problem, it will be in logistics and insurance, I think. If the logistics there are disturbed, the oil price can go up. But it's still going up but not really. But if America has already shiped there, now that's just starting," concluded Tutuka.