The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Indonesia joins queue for Iran oil amid talks to rejoin Opec

Published Fri, Jun 5, 2015 · 09:50 PM
Share this article.

Jakarta

INDONESIA is seeking a long-term oil supply deal with Iran in anticipation of a possible end to sanctions against the Persian Gulf nation over its nuclear programme.

Resources Minister Sudirman Said was expected to discuss potential crude supply and investments with Iran on the sidelines of an Organization of the Petroleum Exporting Countries (Opec) meeting in Vienna on Friday, according to a statement on the ministry's website. Indonesia, which left Opec in 2008 amid declining production, will also discuss its request to rejoin the group.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Energy & Commodities

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here