Business2 sources
Indonesia Cuts Gas Supply to Singapore, Seeks Diversified Fuel Imports
- Indonesia has cut gas supply to Singapore, highlighting reliance issues on pipeline imports.
- Indonesia is exploring alternative fuel sources to reduce dependence on Singapore for petroleum products.
- Analysts suggest that diversifying imports alone won't solve Indonesia's fuel production issues without refinery upgrades.
- Indonesia has historically sourced RON 90 petrol from Singapore, indicating a shift in strategy.
- The move underscores the need for faster modernization of refineries and investment in alternative fuels.