News
24 July 2024

Indonesia to buy Russian oil after 10-year hiatus

In:
Oil & gas
Region:
Asia-Pacific

Indonesia's state-owned refiner Pertamina will purchase Russian oil for the first time in 10 years. While Indonesia did not join the sanctions imposed on Russia in the wake of its invasion of Ukraine, it has maintained distance, with China, Turkey and India acting as the main buyers for Russian...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
02 September 2024

Too high a price

Africa pays a premium for its debt that in many instances it should not. Why the onerous debt costs? And what can be done about it without major systemic change?

Perspective
06 September 2024

If I had a nickel

ECAs, DFIs and banks to Madagascar’s Ambatovy nickel mine project financing are facing a wipe out of $1.66 billion loans under a new shareholder restructuring proposal. Though...