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Indonesian LNG imports on the rise

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According to Reuters, Indonesia is expected to become a net importer of LNG in 2020 as its population grows, notching up an LNG deficit of 4 billion ft3 per day by 2030.

Given that 55% of Indonesia’s gas demand comes from the island of Java, the province of West Java’s gas deficit will grow by five times by 2030 from 2015, said Irma Surya, general manager of state-owned Pertamina’s LNG sales.

Gas infrastructure will need to be developed to balance supply and demand between west and east Indonesia, she added.

This will in turn increase overall gas demand in the country, which will flip to becoming a net importer of LNG for the first time in 2020, she said.

To meet some of the gas demand on Java island, Pertamina plans to build several LNG receiving terminals there.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/25102017/the-rise-of-indonesia/

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