BIG INCREASE IN E&D OUTLAYS SLATED FOR INDONESIA IN '92

Exploration and development activity in Indonesia is expected to continue at a fast pace in 1992. OPEC News Agency reported companies plan to increase spending in Indonesia to $4.54 billion in 1992 from $3.8 billion last year. Exploration spending will account for about $1 billion this year, said S. Zuhdi Pane, foreign contractors coordinating agency chief for Pertamina, Indonesia's state oil company. That's an increase of 9% from last year's level. The number of exploratory wells

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