TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Even with giant Masela block, Pertamina predicts gas deficit in 2035 

  • Stefanno Reinard Sulaiman
    Stefanno Reinard Sulaiman

    The Jakarta Post

PREMIUM
Jakarta   /   Thu, August 1, 2019   /  03:49 pm
The Jakarta Post Image
Masela oil and gas block(Courtesy of/maritim.go.id)

Indonesia will produce less liquefied natural gas (LNG) than it consumes 16 years from now as local demand moves up along with economic growth, state energy giant Pertamina says. But the government remains confident it “will never import” gas. Even taking into account rich gas blocks such as the Masela Block, Jambarang Tiung Biru field (Cepu Block), Tangguh field (Berau Block) and Sakakemang Block, Indonesia will face an LNG deficit of 1,000 to 2,000 million metric standard cubic feet per day (mmscfd) by 2035, according to Pertamina estimates. “The deficit prediction has included the production of giant gas blocks,” said Heru Setiawan, Pertamina director of investment planning and risk.  Indonesia is currently an LNG exporter with exports reaching 1,907 billion British thermal units per day (bbtud), or almost five times the average volume of domestic...