Indonesia Courts Iran Over Oil Supply Amid Talks to Rejoin OPEC - Bloomberg Business:
"Indonesia is seeking a long-term crude oil supply deal with Iran if trade sanctions against the Persian Gulf nation are lifted, as it talks to OPEC on rejoining the group.
The Organization of the Petroleum Exporting Countries will hold a meeting on Friday to discuss Indonesia’s request to be a member, Energy and Mineral Resources Minister Sudirman Said said in a statement. Indonesia, a net oil importer, is also discussing crude supply and investments with the United Arab Emirates during meetings in Vienna, he said.
“The latest follow up is the possibility for PT Pertamina to enter the upstream business as operator or shareholder,” Said said, referring to Indonesia’s state oil and gas company."
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