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Roundup: Indonesia speeds up efforts to strengthen oil security amid declining production, global volatility

december 15, 2024by Reacties uitgeschakeld voor Roundup: Indonesia speeds up efforts to strengthen oil security amid declining production, global volatility

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by Mulyanda Djohan Adnan

JAKARTA, Dec. 15 (Xinhua) — Facing year-on-year decline in oil lifting (post-sale production) and disruptions in global supply chains, Indonesia has been grappling with challenges in maintaining oil security.

Global supply chain disruptions caused by escalating international conflicts have led to significant volatility in global oil prices, impacting Indonesia’s oil imports. Over

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