VOL. XXXII

NO. 2

17-OCTOBER-1988

IRAQ

Indonesia to Buy Crude Oil from Iraq

A counter-trade agreement was signed in Jakarta last week during the visit toIndonesia of the Iraqi Oil Minister, Mr. Isam al-Chalabi. Indonesia will lift30,000 b/d of Basrah Light crude, with possibility of a larger volume later, foruse in the 85,000 b/d Cilacap refinery in Central Java to produce lubricants.Indonesia has been taking Saudi crude previously and will continue to do so tomake up the balance. Iraq will...