Middle East Economic Survey

VOL. XLVII

No 43

25-October-2004

OPEC

Purnomo Reappointed Indonesias Oil Minister

Indonesias new president Susilo Bambang on 20 October reappointed Purnomo Yusgiantoro to the post of Minister of Oil and Mines. The decision means that Mr Purnomo will continue as OPEC president until his term expires at the end of this year. Under the rotating OPEC system, Kuwaits Energy Minister Shaikh Ahmad al-Fahd al-Sabah will assume the presidency in January 2005.