Indonesian Political, Business & Finance News

Purnomo won't attend OPEC talks

| Source: DJ

Purnomo won't attend OPEC talks

JAKARTA: Indonesia's Mines and Energy Minister Purnomo
Yusgiantoro said he can't attend a meeting of the Organization of
Petroleum Exporting Countries in Vienna July 31 because of an
annual session of the nation's highest legislative body being
held early in August.

The MPR, the legislative body, will hold an annual session
from Aug. 1-10, and during this period some key ministers and
other senior government officials aren't allowed to travel
overseas.

Indonesia's Ambassador to Austria will instead represent the
country at the OPEC meeting, Purnomo said late on Wednesday.

Purnomo said late last week that Indonesia wants OPEC to
maintain its current crude production because the OPEC basket
price is still good.

OPEC's current oil production ceiling stands at 25.4 million
barrels a day.

Indonesia is OPEC's only Southeast Asian member.-- Dow Jones

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