INDONESIA REJOINS OPEC TO BUILD ENERGY RESILIENCE

by Andi Abdussalam

Jakarta, Dec 14 (Antara) - Indonesia, which suspended its membership of the Organization of Petroleum Exporting Countries (OPEC) at the end of 2008, has since last month rejoined the organization to build its energy resilience.         Indonesia officially became an active member of the OPEC again when it attended its 168th session in Vienna, Austria, on November 4, 2015.         "The reactivation of the Indonesian membership of the OPEC was marked by its participation in the 168th session," Indonesia's Governor for OPEC Widhyawan Prawiraatmadja stated on Friday (Dec. 4).          In the current transition from using fossil fuels to renewable sources of energy, Indonesia has to expand its network and engage in bilateral and multilateral cooperation to build its energy resilience.          Indonesia, which had become an OPEC member in 1962 and had pulled out of the world oil organization in 2008 since it was unable to meet its production quota and became an oil importer country in 2008, rejoined the OPEC not because it wants to become an oil exporter but as it is interested in expanding its global network.