Pertamina, the Indonesian state energy company plans on opening an office in Dubai, reported Gulf News. The aim of the new office will be to develop business opportunities in the Gulf and to lure greater investment from Dubai. No timeframe is available.
The UAE's investments in Indonesia exceed $200 million, most of which are by private companies and banks.
Indonesia's current oil output is 1.317 million barrels per day under its Opec quota.AlBawaba--MEBG.
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