Other Resources: Hydraulic Fracturing. Oil and Gas Workforce. TOPCORP Energy Training. Getting to oil and natural gas isn’t always easy. That's where hydraulic fracturing plays an important role in America's energy supply. The share of natural gas in the primary energy mix is expected to increase from 17.8% in 2013 to 22.4% in 2025 and 24% in 2050. The Indonesian government says by 2050 all production will be used domestically. “With its desire to move away from coal reliance, JETP commitment and growth plans for natural gas, Indonesia has great potential for Natural gas currently accounts for 15% of Indonesia’s total energy consumption, about 1.4 tcf per year. Total gas production is currently 2.5 tcf per year and falling. [4] The differential between production and domestic use, 900 billion cubic feet per year, is currently exported (16 mtpa) and is expected to turn negative early in the 2020s and growing to 40% of total gas demand. Industry accounts for the second-largest gas consumer. Indonesia will maintain export gas. However, the volume will decrease significantly to 44 Mtoe in 2035. In 2040, Indonesia is projected to import natural gas to meet domestic demand. Table 2.1: Indonesia Gas Demand Outlook (Mtoe) Natural gas production in Indonesia from 1998 to 2022 (in billion cubic meters) Premium Statistic Total proven gas reserves in Indonesia 2016-2020 Total proven gas reserves in Indonesia 2016-2020 Indonesia Oil and Gas News. The Indonesia Oil And Gas Market is expected to reach 625.23 thousand barrels per day in 2023 and grow at a CAGR of 1.60% to reach 676.87 thousand barrels per day by 2028. BP Plc, China National Offshore Oil Corporation, PT Pertamina, Chevron Corporation and Shell Plc are the major companies operating in this market. Indonesia accounted for more than one-third of the total global LNG exports in the 1990s. In 2020, Indonesia’s share in the global market was merely 4.4%. Indonesia exported about 593 Bcf (Billion cubic feet) of LNG in the same year, going upward from 582 Bcf in 2019. The country has become a regional supplier, exporting LNG to countries like At present oil meets 75% of energy demand in Indonesia while gas meets just 10%. The use of natural gas will provide consumers with a more environment friendly energy source. Together with oil, natural gas also represents the backbone of petrochemical industry, which is another prospective contributor to the Indonesian economy. Fig. 1 shows oil February 20, 2020. Indonesia’s production of both oil and gas will most likely fall in 2020, a Rystad Energy analysis shows, despite the country’s official projections of a combined 8% growth year-on-year. The country’s upstream task force SKK Migas has set an ambitious oil production target of 755,000 B/D for 2020. Global natural gas production 2022, by country ; Oil production in Indonesia 2012-2022; Oil consumption in Indonesia 2012-2022; Other statistics that may interest you Statistics on . FM6x.