Indonesia to quit OPEC
Middle East: Wednesday, May 28 - 2008 at 15:22
Indonesia, the only OPEC member in South East Asia will leave the organisation today. The announcement comes as the country's annual output stands at 49% of its 1970s peak and industrial disputes have slowed new developments. The country now imports close to 30% of its domestic oil needs.
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StaffWednesday, May 28 - 2008 at 15:22 UAE local time (GMT+4)
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