The Abadi LNG terminal was listed by Indonesia as a national strategic project in June 2017 and as a priority infrastructure project in September 2017. It would be key to plugging the country's falling gas production and boost its position as an LNG exporter.

CNG Compressed Natural Gas CoD Certificate of Domicile DEN Dewan Energi Nasional (National Energy Council) ICP Indonesian Crude Price IFAS Indonesian Financial Accounting Standards Oil and Gas in Indonesia Investment and Taxation Guide 9

Indonesian crude oil price (USD/barrel) 51 67 62 40 55-65 63 Crude oil production (thousand barrels per day) 804 778 746 707 680-705 703 Natural gas production (thousand barrels of oil equivalent per day) 1,142 1,145 1,057 983 987- 1,007 1,036 Budget deficit (2.51) (1.81) (2.20) (6.14) (5.82) (4.85) Source: Republic of Indonesia, 2021
The government's gas price control policy will come under pressure due to ongoing oil price volatility, particularly with many Indonesian gas prices traditionally still indexed to oil prices. It is noteworthy that Brent crude was hovering at $20-30/barrel (bbl) in April 2020 when the regulation was issued, and has risen above $70/bbl by mid Welcome to view the price of Natural Gas. This page provides the natural gas price per million Btu and its width of price fluctuation, and also provides natural gas price charts for the past 90 days, 180 days, 1, 2, 5, and 10 years. Similar to other commodity prices, the prices of natural gas are mainly driven by supply and demand fundamentals.
Indonesia consumes 1,494,608 million cubic feet (MMcf) of natural gas per year as of the year 2017.; Indonesia ranks 20th in the world for natural gas consumption, accounting for about 1.1% of the world's total consumption of 132,290,211 MMcf.; Indonesia consumes 5,651 cubic feet of natural gas per capita every year (based on the 2017 population of 264,498,852 people), or 15 cubic feet per
Natural gas is the primary commodity of Indonesia's energy supply and an important policy issue. Domestic gas demand is dominated by the industrial, power sector, and fertilizer.
Indonesia's natural gas price cap is affecting the development of gas projects as contractors are being disincentivized, an official at oil and gas regulator SKK Migas said on Thursday. The energy ministry in April lowered the price of natural gas sold to power plants to $6 per million British thermal units (mmBtu) from $8.40. But the price cap GDP at 2010 Constant Price1) 6.17 6.03 5.56 5.01 4.88 5.03 5.07 5.17 5.02 -2.07 GDP Nominal 1) 14.10 10.01 10.80 10.72 9.05 7.64 9.54 9.19 6.70 -2.52 .
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  • indonesia natural gas price