‘Oil to Run Out in Next 15 Years’: President Yudhoyono Says

President Susilo Bambang Yudhoyono said that in the next 15 years the crude oil reserves in Indonesia would run out if there were no more new oil fields had been discovered.

President Yudhoyono who was paying a state visit to China on July 27 to 30, 2005, made the statement in a meeting with members of the Indonesian community here on Wednesday night.

Apart from oil, he said, the natural gas reserves in the country would also run out in the next 60 years, while the new coal deposits were still sufficient for the next 150 years.
Antara News