Platts to amend Indonesia Crude Price publication from April 2026

Platts, part of S&P Global Energy, will be amending the description of two Indonesia Crude Prices and start publication of one ICP from April 2026.

The Pam.Juata/Sanga2/Mamburungan ICP, which is currently published under the price database code AINAG00, will be amended to Pam.Juata/Mamburungan.

The Geragai condensate ICP, which is currently published under the price database code AINDN00, will be amended to Geragai condensate/Makmur condensate.

Platts will start publication of Sanga2 Mix ICP from April. The new price database code for Sanga2 Mix will be backfilled to July 2024, when Sanga2 was commercialized as Attaka crude oil grade, according to the Ministry of Energy and Mineral Resources.

The updated and new ICPs will be published alongside the existing ICPs currently published on Platts Global Alert and Platts Crude Alert page 1056.

The ministry issues the ICPs one month after loading, and are hence set retroactively. For example, in April, the ministry will issue the outright ICPs for cargoes loaded in March.

Platts publishes the ICPs issued by the Ministry of Energy and Mineral Resources as soon as they are made available.

Please send questions, comments or feedback to asia_crude@spglobal.com and PriceGroup@spglobal.com.

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