Indonesian Political, Business & Finance News

RI to host OPEC meet

| Source: JP

RI to host OPEC meet

JAKARTA (JP): Indonesia will host the 97th ministerial
conference of the Organization of Petroleum Exporting Countries
(OPEC) in Bali from Nov. 21 to 23.

"The meeting will discuss two main issues, replacing secretary
general Subroto, whose second term ended in June, and determining
a new quota system for the first quarter of next year," Minister
of Mines and Energy I.B. Sudjana said in a recent hearing with
Commission VI of the House of Representatives (DPR).

The secretary general post is currently held by OPEC's
president, Abdullah al-Badri of Libya.

"Hosting the conference is a rare but important moment for
Indonesia, considering that OPEC usually holds its conferences in
Geneva," he said.

Indonesia hosted an OPEC conference for the first time in
1980.(fhp)

View JSON | Print