Analysis: Indonesia takes backward step with gas export cuts
The government’s decision to further reduce natural gas exports to Singapore may strengthen domestic energy supplies, but it risks undermining the country's credibility as a reliable trading partner. The move, justified on energy security grounds, could unsettle investors, strain relations with Singapore and weaken ASEAN's efforts to build an integrated regional energy market.
Indonesia has taken a step backward in its energy policy by reducing natural gas exports to Singapore, according to a recent analysis. The government's decision, made during a cabinet meeting on October 1 in Jakarta, appears to be driven by concerns over energy security during crises. President Prabowo Subianto emphasized that many countries prioritize their own needs in times of difficulty and described the current geopolitical environment as lacking international order.
This move could strain relations with Singapore, unsettle investors, and weaken ASEAN's efforts to create an integrated regional energy market. The Prabowo administration's approach to foreign policy, characterized as centralized and personality-driven, has led to increasingly confrontational stances in international relations. The reduction in gas exports to Singapore mirrors a previous decision made last year, which also cited domestic energy needs as the primary concern.
The government's actions could have long-term implications for Indonesia's relationships with other countries and its efforts to build a more integrated regional energy market.
Written by urgent.news from The Jakarta Post Academia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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