Patra SK - News
Oct 27, 2015
Govt to Hold Bilateral Meetings With OPEC States in Vienna


Jakarta - The government is scheduled to hold bilateral talks with oil-producing nations on the sidelines of the annual Organization of the Petroleum Exporting Countries (OPEC) conference in Vienna, Austria, this week.


The 167th meeting of the OPEC secretariat is scheduled to take place on Friday, but the government is set to have bilateral meetings with Saudi Arabia, Kuwait, Iran, Iraq, Oman and the United Arab Emirates on Thursday evening.


Dadan Kusdiana, a spokesman for the Energy and Mineral Resources Ministry, said Indonesia will be represented by a delegation that includes Energy and Mineral Resources Minister Sudirman Said and the ministry's oil and gas director general, I Gusti Nyoman Wiratmaja.


The meeting will touch on Indonesia's oil procurement from several oil-producing countries, including Iran, Iraq, Saudi Arabia and Kuwait, as well as possible joint ventures in the processing of crude oil.


Indonesia, which is attending the OPEC meeting on Friday as an observer, will decide after the end of the gathering whether to officially request to rejoin as a member.


Indonesia was the only Asian OPEC member for nearly 50 years before leaving the group in 2008 as oil prices hit a record high, and rising domestic demand and falling production turned it into the net oil importer it remains currently.



Source: The Jakarta Globe

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