While Indonesia's oil and natural-gas recoverable resources are estimated at about 25 billion barrel-of-oil equivalents, production fell by 20 percent from 2010 to 2019. Already a net importer of oil, Indonesia may become a net importer of natural gas as well by around 2030.
This paper intends to review the current status of natural gas industry development in Indonesia, including reserves, supply and demand, infrastructure, pricing, governmental regulation and barriers to development, and to discuss an outlook and path forward for the country's gas sector to bring gas to unmet demand centers and to support a
Indonesia - Proved reserves of natural gas. 101.00 (trillion cubic feet) in 2018 What is reserves of natural gas? Proved energy reserves are estimated quantities of energy sources that analysis of geologic and engineering data demonstrates with reasonable certainty are recoverable under existing economic and operating conditions. The location
Indonesia has the largest reserves of natural gas in the Asia Pacific region at 108.4 trillion cubic feet (3.1 trillion cubic meter) of proven reserves at the end of 2010; this is three times that of its oil reserves.
Indonesia holds 98 trillion cubic feet (Tcf) of proven gas reserves as of 2017, ranking 13th in the world and accounting for about 1% of the world's total natural gas reserves of 6,923 Tcf. Indonesia has proven reserves equivalent to 65.6 times its annual consumption .
Indonesia contains large reserves of natural gas. Currently, the country contains the third-largest gas reserves of the Asia Pacific region (after Australia and China), accounting for 1.5 percent of total global gas reserves (BP Statistical Review of World Energy 2015).
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indonesia natural gas reserves