One of Indonesia’s most powerful contributions to the Opec oil cartel came just a few years after the Asian country joined the group in 1962. Opec had just been founded and was focused on wresting control of its members’ oil riches from the clutches of the US, Dutch and British oil companies dominating the industry at the time. Indonesia soon became the fledgling group’s pioneer by signing the world’s first production-sharing agreement, demoting the big international oil companies of the day from colonial powers to “hired hands,” as Daniel Yergin put it in The Prize: The Epic Quest for Oil Money and Power.

Half a decade later, as many Opec members enjoy greater profits and power than ever before, Indonesia is leaving their midst, crippled by high oil prices.