Indonesia: Pumping Oil | Global 3000
- 13 years ago
Oil has been extracted in Indonesia for more than a century, usually in small amounts. The people of the island of Java earned money that way. Now the oil companies are moving in. A billion-dollar state investment program aims at exploiting the nation's large oil and gas reserves more efficiently.Local authorities and cooperatives want to require the oil industry to organize alternative economic structures and promote local businesses.