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‘Why not?’: Indonesia mulls cheap Russian oil imports post-Brics entry despite risks

Indonesia’s Minister of Energy and Mineral Resources Bahlil Lahadalia said on Friday that “an opportunity to acquire oil from Russia emerged after we joined Brics”.

“As long as it complies with regulations and presents no issues, why not?” the minister said during a press conference.

His remarks echoed a statement a day earlier by Luhut Binsar Pandjaitan, chair of Indonesia’s National Economic Council, who said: “As long as it benefits the Republic of Indonesia, we are open to discussing it. If this step allows us to purchase oil at US$20 or US$22 cheaper, why not?”

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