#oil imports

Collection of oil imports news, found 130 news.

RI Needs To Explore New Oil Fields To Increase Production

Indonesia needs to boost oil exploration activities to find new oil fields and increase domestic production, so that ...

BI warns of rising imports in second, third quarters

Bank Indonesia (BI) has warned of burgeoning oil and gas imports in the second and third quarters that may lead to an ...

BI: Indonesia to fare better in 2014

Bank Indonesia (BI) predicted the Indonesian economic condition would be better in 2014 than in 2013 with balanced ...

Finance minister supports acceleration of oil-gas conversion

Finance Minister M. Chatib Basri backs the accelerated implementation of the oil-to-gas conversion program for ...

Indonesia`s trade deficit reaches US$5.6 billion

Indonesias trade deficit from January to November 2013 reached US$5.6 billion, caused by oil/gas trade deficit ...

Govt to reduce CAD to below 3 pct, says minister

Finance Minister Chatib Basri said the government would take steps to lower the country`s current account deficit ...

Indonesian govt aims to raise mandatory level of biofuel in diesel oil

One of the economic policies unveiled by the Indonesian government recently to contain the widening current account ...

RI to cut oil import, promote use of biofuels

Indonesia is taking steps to reduce its fuels imports and promote the use of biofuels at home in response to its ...

Govt preparing policies to address new economic developments

Finance Minister Chatib Basri said the government was preparing a package of economic policies for release on Friday ...

Trade deficit caused by oil imports : Minister

Trade Minister Gita Wirjawan blamed fast growing oil requirement and imports for the country`s trade deficit. ...

Obscure fuel subsidy policy responsible for rupiah`s weaking

The obscure policy on fuel subsidy was responsible for the rupiah`s weakening against the dollar, an Indonesian ...

Current account deficit estimated at 2.2 pct: economist

The country`s current account deficit at the end of this year is estimated at 2.2 percent of the gross domestic ...

Govt need not raise fuel prices: Observer

The government need not raise fuel oil prices in the face of increasing burden of the state budget, economic observer ...

Indonesian govt asked to raise subsidized fuel prices

The Institute for Economics and Finance (INDEF) has recommended that the government raise subsidized fuel prices to ...

Government to accelerate geothermal development

The government will speed up the development of geothermal energy to replace fossil fuel whose consumption continues ...