Indonesia shopping for LNG to meet demand
One of the world's biggest exporters of LNG is looking to buy 5-10m mt/year of the super-cooled fuel by 2020 to help meet surging demand at home
More LNG could be needed if the Indonesian government’s proposed new oil and gas law fails to attract investment in its ailing upstream. Although it is the world’s fourth largest LNG exporter, Indonesia faces a ballooning gas supply deficit, forecast to hit 4bn cf/day by 2025. To start plugging that gap, 12m mt/y of LNG are needed by 2020, Syahria l Mukhtar, a strategic advisor at national oil company (NOC) Pertamina, told the IBC LNG conference in Jakarta. Pertamina has already nailed down 1.5m mt/y of LNG supply starting in 2019 from Cheniere’s Corpus Christi project in the US. Another 1.4m mt/y will be sourced from Indonesia’s own
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
