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
19 January 2026
Newfound optimism is emerging that a dormant exploration frontier could become a strategic energy play and—whisper it quietly—Europe’s next offshore opportunity
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
