INDONESIA'S CRUDE EXPORTS SEEN PLUNGING

Indonesia's crude oil exports will plummet more than threefold by 2000 as production falls and domestic consumption soars, predicts East-West Center, Honolulu. Production from existing fields will decline to 1.035 million b/d in 2000 from 1.51 million b/d in 1992 and 1.4 million b/d in 1995. At the same time, domestic demand will climb to 804,000 b/d in 2000 from 622,000 b/d in 1992 and 802,000 b/d in 1995. Consequently, net exports of crude will plunge to 231,000 b/d by 2000 from 803,000

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