Pertamina steps up monitoring, risk mitigation amid Middle East tensions

By Romel S. Gurky

State oil, gas firm PT Pertamina (Persero) said it is prioritizing worker safety and strengthening operational risk mitigation as geopolitical tensions escalate in the Middle East, while maintaining national energy supply stability.

The state energy company said it is coordinating with Indonesia’s Foreign Ministry, embassies and consulates, as well as local authorities, to ensure the safety of personnel and continuity of operations linked to the region.

Pertamina identified three business units directly exposed to developments in the Middle East: PT Pertamina International Shipping’s non captive fleet involved in global energy transport, Pertamina Internasional EP which operates upstream assets in Basra, Iraq, and Pertamina Patra Niaga in crude and fuel procurement from Middle Eastern sources.

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Vice President Corporate Communication Muhammad Baron said all workers, operations and vessels in the region are being closely monitored, with mitigation measures in place to safeguard crews and ensure operational continuity.

Pertamina said it has diversified its crude oil, fuel and LPG supply sources, both domestically and internationally, to provide flexibility amid geopolitical uncertainty. The company is also optimizing domestic refinery operations to balance production and distribution.

The company said crude, fuel and LPG supplies for the domestic market remain secure and under control.

Editing by Alexander Ginting