|Subject: Indonesia to sell oil to East
Indonesia to sell oil to East Timor April 7, 2005 5:54am
JAKARTA, Apr 7, 2005 (Xinhua via COMTEX) -- The Indonesian government has planned to supply oil to neighboring East Timor in the near future, an Indonesian official said here Thursday.
Indonesia will sell oil to East Timor at international price, said Iin Arifin Takhyan, director general of oil and gas under the Ministry of Energy and Mineral Resources.
"We will offer international price standard, as applied by Australia," he was quoted by Detikcom online news service as saying.
He said state-run oil and gas company Pertamina will use its terminal and gas pumps in East Timor, which seceded from Indonesia in 1999.
Pertamina still possesses terminal and gas pumps there (East Timor), he said.
Indonesia and East Timor have held several talks on oil supply recently but the volume and value of the supply have not been decided, he added.