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Indonesia Mulls to Buy Crude Oil from Iran

25 May 2015 13:00 WIB

REUTERS/Raheb Homavandi/Files

TEMPO.CO, Jakarta - Energy and Mineral Resources Minister Said stated that Indonesia is mulling a purchase of crude oil from Iran.

The plan was revealed when the Minister and the Coordinating Minister for the Economy Sofyan A. Djalil made an official visit to the Islamic Republic of Iran.

The official visit also served as the follow-up of the bilateral meeting with the Indonesian President and the Iranian President at the 60th Commemoration of the Asian African Conference on 23rd April 2015.

“One of the points of discussion during a bilateral talk between Indonesian President and Iranian President at the 60th Commemoration of the Asian African Conference was cooperation in the energy sector,” said Head of Public Communication Center of the Energy and Mineral Resources Ministry Dadan Kusdiana in Teheran in a his press release on Sunday.

Dadan also said that on Saturday, the Indonesian Energy and Mineral Resources Minister met with the Iranian Oil Affairs Minister Bijan Namdar Zangeneh and agreed on two issues, the purchase of crude oil from Iran for Indonesia and the opening up opportunities to Indonesia to be involved in downstream business in Iran.

"These two agreements are concrete evidence of South-South Cooperation and the follow up of the meeting between the two leaders at the Asian African Summit,” Dadan concluded.

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