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Strategies & Market Trends : Asia Forum
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To: Alias Shrugged who wrote (948)1/15/1998 8:33:00 PM
From: Stitch   of 9980
 
Mike,
The subsidy, which also exists here in Malaysia, basically provides a low fixed price for citizens to purchase gas and oil. I expect consumption of gasoline in Indonesia to dwindle a bit as fewer people are going to have jobs to commute to. I am not sure of the level of export but Indonesia is a member nation of Opec and I am sure the figures are readily available. When I get a moment I'll try a link or two that I have.
Best,
Stitch
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