, pub-9591068673925608, DIRECT, f08c47fec0942fa0 Indonesia Proposes OPEC Governor Change - MEDIA MONITORING OIL AND GAS -->

Indonesia Proposes OPEC Governor Change

The Government of Indonesia proposes the replacement of officials from the Organization of the Petroleum Exporting Countries / OPEC. At present Widhyawan Prawiraatmdja is the OPEC Governor of Indonesia.

The one appointed to replace Widhyawan was Purbaya Yudhi Sadewa. Secretary-General of the Ministry of Energy and Mineral Resources (ESDM) Teguh Pamudji confirmed the proposal to change the position of OPEC Governor from Indonesia.

He said the proposal had been officially chosen by the Acting Minister (Acting) of the Minister of Energy and Mineral Resources Luhut Binsar Pandjaitan. Teguh said that the proposal from the Indonesian government was not necessarily approved by OPEC but rather had to go through a series of processes that would begin at the end of November. He said OPEC had the authority to reject the proposed change.

If the proposal is rejected then Widhyawan could still hold the position of OPEC Governor or ask the Government of Indonesia to nominate another candidate.

"If it is approved, the OPEC session will immediately be replaced. Inaugurated December 1, ".

Teguh claimed not to know about the change of OPEC Governor official. He only mentioned the rotation of positions is a natural thing.

"I don't know the background. The important thing is certainly the needs of the organization, ".

Widhyawan served as OPEC Governor from Indonesia after all OPEC members approved the proposal from the then Minister of Energy and Mineral Resources, Sudirman Said. The discussion and determination of Widhyawan was at the 168th OPEC session on December 4, 2015 in Vienna, Austria. Purbaya currently serves as Special Staff to the Coordinating Minister for Maritime Affairs.

He has a Doctorate in economics from Purdue University, Indiana, United States. He also served as a special staff for the Coordinating Minister for the Economy in the era of President Susilo Bambang Yudhoyono. In addition, he also served as Director of PT Danareksa. At the beginning of Joko Widodo's administration, Purbaya served as Deputy III in the Management of Strategic Issues in the Presidential Staff Office.

Investor Daily, Page- 9, Monday, Oct 17, 2016

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