Page added on June 24, 2005
JAKARTA – The Organization of Petroleum Countries has sent a letter to Indonesia’s government asking it to reconsider possible plans to downgrade its membership in the grouping, government officials told Dow Jones Newswires Friday. (…) The country’s oil production has steadily declined in recent years due to plunging levels of investment in the sector linked to investor concerns about the security of contracts and perceived unpredictability of Indonesia’s judiciary.
Leave a Reply