INDONESIA APPROVES CHEVRON'S DEVELOPMENT PLAN

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Jakarta, Sept 5 (ANTARA) - The Indonesian Government has approved Chevron Indonesia Company's plan to develop five marine fields in the Makassar Strait, namely Gendalo, Maha, Gandang, Gehem, and Ra

MINISTER SAYS OIL PRICE DROP MAY REDUCE DEFICIT

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Jakarta, Sept 5 (ANTARA) - The recent drop in the world price of oil to up to US$105 per barrel could reduce oil and electricity subsidy and lower the government's budget deficit than current proje

CENTRAL BANK GOVERNOR: RATE HIKE TO CONTROL DEMAND

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Jakarta, Sept 5 (ANTARA) - Bank Indonesia (BI) governor Boediono said here on Thursday the central bank had decided to raise the BI rate by 25 basis points to 9.25 percent to control aggregate dema

PURNOMO TO GIVE CLARIFICATION ON TANGGUH CASE

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Jakarta, Sept 5 (ANTARA) - Energy and Mineral Resources Minister Purnomo Yusgiantoro expressed readiness to make a clarification of the case on the Tangguh liquefied natural gas contract.

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