Indonesia Seeks to Boost Energy Imports from US in Tariff Negotiation Deal

Published: Jul 9, 2025 13:08

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Indonesia's Ministry of Energy and Mineral Resources is pushing to increase energy imports from the U.S., including crude oil and LPG (but not LNG due to sufficient domestic supply), as part of a trade-balancing offer worth around $15 billion in hopes of persuading Washington to lower its 32% tariff on Indonesian goods. Deputy Minister Yuliot Tanjung stated that the government, led by Coordinating Minister Airlangga Hartarto, is actively negotiating the deal while also inviting U.S. investment in Indonesia's rare earth elements and mining sectors. The U.S. has maintained the tariff since its April announcement, prompting Indonesia to seek alternative trade solutions.

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