Tuesday 20 October 2015

EIA reviews Indonesia's OPEC bid

OIL AND GAS
EIA reviews Indonesia's OPEC bid
Washington (UPI) Oct 16, 2015 - Despite its bid to reactivate its membership in OPEC, Indonesia will likely need to import more oil to meet its domestic demand, a U.S. analysis said. In September, Indonesia submitted a request to reactivate its membership in the Organization of Petroleum Exporting Countries, which it left in 2009 because it was no longer a net exporter. OPEC in a response statement said its members wo ... more


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