Oil: Libya to supply Indonesia with oil for twenty years

Indonesia and Libya have signed a deal which will see Libya supply Indonesia with crude oil for the next 20 years.

Under the agreement, Libya will supply Jakarta with a minimum of 50,000 barrels per day, a figure rising to 200,000 from 2013.

Libya's National Oil Corp also aims to be involved in constructing a refinery in Indonesia to process Libyan crude.