SINGAPORE, April 11 (Reuters) - Britain's Premier Oil expects first gas production at its Gajah Baru field in Indonesia in six months after a brief delay, while oil output at Vietnam's Chim Sao field remains on track for July, a senior executive said on Monday.

MONTREAL - Indonesian and Indian officials have signed 18 Memoranda of Understanding (MoUs) seeking to drive up industrial cooperation between the two countries, which are seeking to more than double bilateral trade by 2015. Bilateral trade in 2005 was merely US$5 billion, a figure that has more than doubled to $11 billion in 2010. The target is to more than double it again to $25 billion over the next five years. Indonesia is already India's third-largest trading partner in Southeast Asia.

Medan, N. Sumatra (ANTARA News) - The central government still allows North Sumatra province to continue importing salt since supply of Madura salt fails to meet demand in the province.

The government has released new regulations, creating exemptions from Indonesian cabotage law for six activities of foreign-flagged vessels that are serving the country’s oil and gas sector. According to the ruling, a copy of which was obtained by the Jakarta Globe, foreign vessels that perform surveys, drilling, offshore construction, offshore activities, dredging work, salvage jobs and underwater activities for the oil and gas sector will be exempted from cabotage law.

JAKARTA, April 8 (Xinhua) - International rating agency Standard & Poor's Ratings (S&P) upgraded Indonesia's long term foreign debt and sovereign credit rank from BB to BB+ with positive outlook, detikcom online news reported on Friday. S&P also maintained Indonesia's short term debt rank at "B". The upgrade is based on improving the government's financial balance and external liquidity as well as strong economic performance and prudent fiscal management.