Successful member country mission to Indonesia

The OPEC Fund and its member country Indonesia seek to enhance cooperation. A delegation led by Vice President, Strategy Musab Alomar visited Jakarta for a series of high-level meetings in late February 2025. 

The mission culminated in the signing of a Memorandum of Understanding with the Indonesian Agency for International Development (Indonesian AID) that provides the basis for increased collaboration in key development areas. VP Alomar said: “Further strengthening our already close ties will deliver impactful solutions.” 

Indonesian AID is the country’s international development fund, established in 2019. CEO Tormarbulang Lumbantobing, who also serves as Indonesia’s alternate governor to the OPEC Fund, said after the signing: “The collaboration with the OPEC Fund will further enhance our role in development.” 

The partnership will cover areas such as climate action, food security, renewable energy, health and technical capacity building. The OPEC Fund and Indonesian AID will join forces particularly in least developed countries and Small Island Developing States. 

The OPEC Fund delegation also met with Indonesia’s Governor Suminto as well as senior representatives from government, private sector and partner institutions. The mission was part of the OPEC Fund’s strategic focus on member country engagement. Indonesia is a founding member of the OPEC Fund and has played an important role in the institution since inception.