Indonesia Plans $10B Crude and LPG Import Boost from U.S. Amid Tariff Talks
Energy Minister Bahlil Lahadalia confirmed the plan during ongoing tariff negotiations, noting it is part of a broader initiative to purchase U.S. goods worth up to $19 billion. Indonesia is planning to increase its crude oil and liquefied petroleum gas (LPG) imports from the United States by approximately $10 billion as part of its strategy to rebalance trade and avert a proposed 32% U.S. tariff on Indonesian exports.