Indonesia interested in OPEC membership again

Net oil importer Indonesia could reactivate its OPEC membership if it can successfully raise its crude oil production and reduce consumption by boosting the amount of biofuels used in its transportation sector. Indonesia, which suspended its OPEC membership in late 2016, was currently pumping about 800,000 b/d, while importing 1.5 million-1.6 million b/d, according to Secretary general of Indonesia's National Energy Council, Ir Saleh Abdurrahman. 

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3 minutes ago, BlackTortoise said:

Net oil importer Indonesia could reactivate its OPEC membership if it can successfully raise its crude oil production and reduce consumption by boosting the amount of biofuels used in its transportation sector. Indonesia, which suspended its OPEC membership in late 2016, was currently pumping about 800,000 b/d, while importing 1.5 million-1.6 million b/d, according to Secretary general of Indonesia's National Energy Council, Ir Saleh Abdurrahman. 

what an on-again-off-again love affair. So fickle! 

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