JAKARTA, Thelabarnews.com—President Prabowo Subianto’s special envoy for energy and the environment, Hashim Djojohadikusumo, said Indonesia has secured a major crude oil supply deal with Russia. President Prabowo Subianto orchestrated a series of diplomatic moves to secure this deal.

Hashim said that Indonesia has bought as much as 150 million barrels of crude oil from Russia. President Vladimir Putin offered a “special price.” The arrangement is part of Indonesia’s efforts to bolster its energy security amid rising geopolitical tensions around the globe, he said, as quoted by Wartaekonomi.

Addressing the Economic Briefing 2026 in Jakarta on April 23, Hashim said Prabowo’s trip to Moscow was a strategic diplomatic mission. It was not an ordinary trip abroad.

“He met Vladimir Putin for several hours and secured an initial commitment of 100 million barrels of oil to supply Indonesia at a discounted price,” said Hashim.

He added Russia has offered Indonesia another 57 million barrels if needed, bringing the possible commitment to 150 million barrels. The oil is expected to enhance energy reserves in Indonesia and serve as a buffer to global economic volatilities.

“The pledge will put Indonesia in a good position to absorb any possible economic shocks,” he said.

Hashim noted that the deal also connects to Indonesia’s remarkably stable fuel prices compared to other regional countries. In fact, Indonesia has managed to hold down fuel prices, particularly for subsidized fuel. This development is significant even as fuel prices have soared in other parts of Southeast Asia.

Fuel expenses in the Philippines have reportedly gone up by as much as 84 percent. Meanwhile, in Vietnam, Thailand, and Malaysia, increases have been as high as 50 to 60 percent.

“This stability is a reflection of the success of the strategic policies and high-level diplomacy,” Hashim said.

He also responded to criticism of the number of international visits made by President Prabowo. He noted that the travels had produced concrete benefits for the country’s resilience, especially in the supply of food and energy.

“The future of Indonesia is linked to these diplomatic efforts,” he added.

The deal comes as Indonesia looks to diversify energy supplies and lessen reliance on global supply shocks, analysts said. Geopolitical forces affecting energy markets raise the importance of establishing long-term supply deals.

The decision is in line with Indonesia’s proactive approach to energy security. This approach involves a mix of diplomatic engagement and strategic planning to maintain stability in domestic markets.

The success of such programs will be important to ensure economic resilience and to protect consumers from unanticipated price swings. Such efforts will be crucial as uncertainties in the global environment continue to impact the energy landscape.

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