(EnergyAsia, June 24) — Indonesia is well on its way to becoming a net oil importer for 2005, already booking an oil trade deficit of US$1.37 billion in the first quarter, The Jakarta Post reported. The bleak news comes despite strong natural gas exports which helped keep Indonesia’s overall oil and gas trade account…
INDONESIA: Oil trade deficit hits record US$1.37 billion in first quarter
Posted on June 24, 2005 by EnergyAsia