INDONESIA
Nation Pushing to Increase Oil Output: The government is calling for an expanded private- and public-sector effort to boost oil and natural gas production. Indonesia, already the world’s leading exporter of liquefied natural gas, would increase LNG exports 50% by the year 2010 under a government plan. The U.S. Embassy in Jakarta said foreign oil companies have budgeted $2.27 billion for exploration work in 1991, up 80% from 1990. Indonesia’s production of crude rose 4% in 1990, but oil exports last year declined because of rising domestic demands for energy.
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