Indonesia joins queue for Iran oil amid talks to rejoin Opec
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Share with us your feedback on BT's products and services
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Malaysia tourism hit by fuel shock; tour prices may jump 50%
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result