Indonesia zeroed out LPG and plastic resin duties after naphtha prices surged up to 100 percent, linking the Hormuz crisis directly to packaging costs.
Indonesia consumes 8.6 million tonnes of LPG annually but produces only 1.7 million tonnes domestically. The 6.9-million-tonne import gap is now a national energy security problem.
The Visayas grid runs on negative operating margins. Its local plants cannot meet local demand without HVDC imports from Luzon and Mindanao — and April 16 showed what happens when those imports shrink.
ASEAN has a blueprint, a financing initiative, and a petroleum security agreement. What it does not yet have is the ratified, operational infrastructure to act collectively when a supply crisis hits.
The Russia-Indonesia crude deal extends beyond Pertamina to manufacturing, mining, and petrochemical sectors, reflecting the scale of Indonesia’s import gap.
Indonesia broke ground on IDR 116 trillion in energy projects, with Pertamina refinery expansions targeting 62,000 bpd of new gasoline capacity by 2030.
Celios researcher Wahyudi Askar on Indonesia’s rural energy rollback: when oil prices rise and the transition moves slowly, the consequences are serious. The data now backs the warning.
PNOC secured 21,000 metric tons of US-sourced LPG for late-May delivery in Batangas, the Philippines' first confirmed non-regional LPG procurement under EO 110.
Vietnam Electricity wants to cut payments to 173 solar and wind projects by up to 43%, retroactively. A USD 13 billion dispute awaits a government ruling.
The Diplomat called it an energy playbook. The Jakarta Post called it a strategy that predated the crisis. Both agree: Prabowo’s circuit was not improvised, even if Hormuz made it feel that way.
Singapore has activated its Homefront Crisis Ministerial Committee and directed every ministry and statutory board to cut electricity use as LNG prices double. The sharp tariff increase arrives in Q3.
Vietnam Electricity confirmed Unit 1 of Quang Trach 1 Thermal Power Plant successfully synchronised with the national grid on April 12, moving the project toward a May commercial launch.
President Marcos has suspended excise taxes on LPG and kerosene under RA 12316, the Philippines' new emergency fuel tax law. Diesel and gasoline remain under review.
Indonesia’s biodiesel program saved an estimated USD 40.7 billion in foreign exchange between 2020 and 2025. B50 is projected to add USD 10.84 billion in 2026 alone.
Saudi Arabia’s April crude supply to Asia is down 38.6% from February levels. Refineries across Southeast Asia are now competing for a narrower pool of Arab Light from a single Red Sea port.
Bongao, Tawi-Tawi declared a state of local emergency on April 1 after both of its gasoline stations ran dry — a supply failure driven by the collapse of its informal cross-border fuel chain from Sabah, Malaysia.
The Philippines suspended its entire electricity spot market on March 26 — simultaneously across Luzon, Visayas, and Mindanao. A new state-administered pricing system took over on April 1.