Indonesian Political, Business & Finance News

Royal Dutch Shell Plc., Europe's second-largest oil company, said

Royal Dutch Shell Plc., Europe's second-largest oil company, said
it wants to resume work in Indonesia after the country's energy
minister indicated in media comments that the company is again
welcome in the archipelago. Indonesian Minister of Energy and
Mineral Resources Purnomo Yusgiantoro was cited in Dutch
newspaper De Telegraaf today as saying the country had spoken
with Shell about the "rules of doing business" in Indonesia after
Shell signed an exploration agreement with Malaysia earlier this
year in an area disputed by Indonesia. Shell is welcome "if it
keeps to the rules," the paper cited Purnomo as saying. "It is
encouraging to read that we are welcome again," Shell Chief
Executive Jeroen van der Veer said in The Hague today. "We will
be keen to work again in Indonesia." -- Bloomberg

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