VOL. XLVII

No 21

24-May-2004

OPEC

Indonesia Becomes Net Crude Oil Importer

Indonesia became a net importer of crude oil for the first time in March, according to a Dow Jones Newswiresreport published on 17 May. Indonesia imported an average 484,000 b/d of crude oil in March, and exported 448,000 b/d, according to a government official, the report said. Imports rose further to 503,000 b/d in April, while exports dropped to 413,000 b/d, the official said. The country has often been a net importer of...