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Pertamina and Toyota extend energy partnership to 2030

The cooperation covers lower-carbon fuels, lubricants, hydrogen technology and petrochemicals, with Indonesia’s energy security among its aims.

By Arif Rahman

Fuel pump nozzle beside a vehicle at a filling station
Photo: CNBC Indonesia

PT Pertamina (Persero) and Toyota Group have extended their partnership for five years until 2030, according to Pertamina. The companies discussed the cooperation at their 2026 annual meeting in Surakarta on 28 October, with work spanning fuel development and automotive technology.

Pertamina deputy president director Oki Muraza said the partnership supported Indonesia’s national priorities on energy security and the energy transition. He said geopolitical developments and changes in global energy conditions made strategic cooperation increasingly important.

Hana Timoti, Pertamina’s senior vice-president for technology innovation and implementation, said the companies brought different expertise: Pertamina develops and supplies fuels, while Toyota contributes automotive technology and knowledge of transport-sector energy needs. She said fuel development needed to keep pace with advances in vehicles.

Hana said wider adoption of hydrogen vehicles still required fuel supplies, infrastructure and business models that could support commercial use. Cost was another consideration because fossil fuels remained relatively cheaper, she said. However, she added that domestic production and reliable availability also mattered when assessing future energy options.

Keiji Kaita, president of Toyota Motor Corporation’s CN Advanced Engineering Development Center, said carbon-neutral fuels could support both emissions reduction and energy security. Speaking virtually, he said Indonesia’s potential to produce its own fuels offered further opportunities for technological research and development.

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