JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) has spoken out regarding the conflict between the United States (US) and Venezuela. Director General of Oil and Gas Laode Sulaeman said that until now the conflict between the two countries on the American continent has not impacted the condition of fuel oil in Indonesia.
According to Laode, the government has analyzed the impact of the conflict on the domestic situation but has not shown a significant impact.
"But what is clear, the current state of the country is stable. So it hasn't (impacted)," Laode told the media when met at the BPH Migas Office, Monday, January 5.
Lde said, on the other hand, the government has also prepared a number of anticipatory steps if the escalation of the conflict continues so that it has an impact on the world's oil and gas supply. However, he was reluctant to detail what anticipatory steps the government had prepared.
"Anticipation is always there," he said.
Furthermore, Laode added, Indonesia's main crude oil supply is not imported from Venezuela but from other countries so that domestic supplies are ensured to be safe.
"We source the crude oil not from there. So from other areas. So it's still stable," explained Laode.
For information, Pertamina has a majority stake in the Maurel & Prom (M&P) company of 71.09 percent. Meanwhile, one of the assets managed by M&P is in Venezuela.
The same thing was also conveyed by Coordinating Minister for the Economy Airlangga Hartarto who stated that the government continued to monitor the development of the situation in Venezuela, especially the impact on world oil prices. He said that until early January 2026, global oil prices were still relatively stable and had not shown significant turmoil.
Airlangga said that oil is currently in the range of 63 US dollars per barrel. According to him, in the last one to two days there has been no significant price spike.
"The main thing is that the price of oil is affected. But until one or two days ago there was no change. There was no high turbulence and the oil price was relatively low," Airlangga told reporters at the Presidential Palace Complex, Jakarta, Monday, January 5, 2026.
Airlangga emphasized that the government had not taken any special steps and chose to continue to monitor the developing dynamics. The same applies to cooperation with Venezuela.
Regarding the political situation in the country, Airlangga explained that Venezuela's relationship with the United States had indeed been long and tense since the nationalization of US oil company assets during the era of President Hugo Chavez in Venezuela.
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