Middle East Economic Survey

VOL. XLVIII

No 44

31-October-2005

OPEC/SUPPLY/DEMAND

Indonesian President To Inaugurate Oil Projects To Lift Liquids Output Above 1Mn B/D

Indonesian President Susilo Bambang Yudhoyono is to inaugurate 12 oil and gas fields and one pipeline project on 28 October worth $1.2bn which will add 53,800 b/d of oil production in 2006, according to the chairman of the countrys oil and gas regulatory body BP Migas, Kardaya Warnika. The Jakarta Post reported on 26 October that some...