SUBSCRIBERS
Indonesia says open to rejoining Opec if not forced to cut output
Published Wed, Jul 26, 2017 · 09:50 PM
Houston
INDONESIA is open to rejoining the Organization of the Petroleum Exporting Countries (Opec) as long as it is not forced to curb its own crude oil production, the nation's energy and mineral resources minister said on Tuesday.
"We would have to have a concession for not following cuts from time to time," the minister, Ignasius Jonan, said in Houston, where he is meeting major oil producers.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil eases on higher US crude output, hopes of Israel-Hamas ceasefire
Glencore now sees FY trading division profit between US$3 billion-US$3.5 billion
Hong Kong team plants seeds to safeguard legacy grains
Gold holds steady as investors focus on US Fed meeting
Chevron CEO expects ExxonMobil arbitration resolved in coming months
Oil falls more than US$1/barrel on Middle East peace talks, US rate cut doubts