Middle East Economic Survey


No 17


Government Panel Proposes Indonesia Downgrade OPEC Membership To Observer Status

An Indonesian government panel has proposed that the country downgrade its membership of OPEC to observer status, which would remove the obligation of membership dues, according to news reports on 19 April. The committee proposed three options: that Indonesia remain an OPEC member; quit the group; or stay as a member with observer status. It recommended the...