Indonesia is expanding its LNG regas capacity. The first terminal, Nusantara Regas Satu, started operating in May 2012. In October 2014, the second regas terminal, Lampung FSRU, commenced operations. In March 2015, PERTAMINA completed the conversion of the Arun liquefaction plant to a regasification terminal. The commencement of Benoa FSRU in Bali early this year brought the country's total regas capacity to 8.2 mmtpa. Apart from these, additional five large-scale and more than 50 small-scale regas terminals have been proposed, some of which are still speculative. At the same time, the country's LNG demand has been growing continuously, from 0.7 mmtpa in 2012 to 2.3 mmtpa in 2015. We forecast demand to reach more than 7 mmtpa by 2020, as more domestic gas infrastructure and LNG import terminals are developed. New gas-fired power pant projects, which are being developed by PLN and independent power producers (IPPs), will create considerable gas demand upside in the next five years.