Indonesia’s gasoline imports fall in December

Oil

Indonesia’s gasoline imports declined by 64K b/d m-o-m to 400K b/d in December, easing after reaching the highest level since December 2016 in November, according to the government statistics agency Badan Pusat Statistik (BPS). Shipments from southeast Asia decreased by 76K b/d m-o-m to 313K b/d, with arrivals from India also falling by 8K b/d m-o-m to 42K b/d. Across 2021 Indonesia’s gasoline imports averaged 325K b/d, which is an increase of 41K b/d y-o-y but down by 16K b/d compared to 2020. Imports of diesel also increased by 20K b/d m-o-m to 113K b/d, the highest level since 2019.