Commodity Market Report
Indonesia LNG market outlook
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Overall gas demand in Indonesia will increase by 77% in 2050 from 2023 demand. The power and industrial sectors will dominate overall demand. Coal-to-gas switching and new gas-to-power projects will lead to an increase in gas power generation capacity. LNG share in Indonesia’s gas supply balance will surge from 16% in 2023 to 85% in 2050 with decreasing domestic gas production. We expect Indonesia to switch from LNG exporter to net importer by the early 2040s as legacy field production will not meet increasing demand.
Table of contents
- Expect r obust LNG demand growth through out the forecast as legacy fields deplete and consumption rises.
- We expect that Indonesia will become a net LNG importer in the 2040s and will rely on international LNG imports.
- Regulated prices introduced in 2020 have failed to spur up gas demand upside as expected.
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Country Report
Indonesia upstream summary
Southeast Asia's largest oil and gas producer, with steady gas production offsetting declining liquid output.
$11,340
Asset Report
Rapak and Ganal (IDD) (LNG)
The Rapak and Ganal PSCs are located in deepwater offshore East Kalimantan, and contain several large gas discoveries including Bangka, ...
$3,720
Asset Report
Tangguh (LNG)
Meaning strong or resilient in Bahasa, it is the largest gas producing asset in Indonesia, with 3 trains and a future CCUS-EGR development.
$6,900
