Jakarta, May 9 -- Indonesian Energy and Mineral Resources Minister Bahlil Lahadalia announced plans to reduce fuel imports from Singapore, citing less competitive prices than those offered by Middle Eastern countries.
"We are starting to think that we will import oil from other countries, not from that country (Singapore)," Bahlil stated here on Friday.
The minister noted that around 54-59 percent of Indonesia's fuel imports currently come from Singapore.
When comparing fuel prices, Bahlil found that imports from Singapore are similarly priced to those from the Middle East, despite Singapore's closer proximity to Indonesia.
To facilitate the shift away from Singapore, the government has begun constructing docks capable of accommodatin...
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