Assessments

Fueling Indonesia's Regional Strategy

Nov 13, 2015 | 09:01 GMT
Indonesian motorists line up in at a Pertamina fuel station in Jakarta.
Indonesian motorists line up in at a Pertamina fuel station in Jakarta.
(ROMEO GACAD/AFP/Getty Images)

In 2009, after 47 years as a member of the oil producers' cartel, Indonesia suspended its OPEC membership, having lost its status as a net oil exporter. On Dec. 4, despite being a net importer, Indonesia will officially rejoin OPEC at the bloc's meeting in Vienna. This time, however, Jakarta is pursuing a new strategy, hoping to barter its status as OPEC's only Asia-Pacific member to become a bridge between Middle Eastern producers and Asian consumers....

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