The Mahakam block in East Kalimantan, under the management of Total E&P Indonesie with participation from the Japanese oil and gas firm Inpex, provides around 30% of Indonesia's natural gas output. In mid 2013 the field was reported to be producing around 1.7 billion cu ft (48 million m 3 ) per day of gas as well as 67,000 barrels (10,700 m 3 PT Pertamina (Persero) as the sub holding of PT Perusahaan Gas Negara Tbk (PGN), have successfully set the price of natural gas to be $6 per MMBTU (Million British Thermal Units). This is done to push competitiveness in the industry, in correlation with the decision by the Ministry of Energy and Mineral (ESDM) 89K/2020. This gas portion is mandated by the National Energy Policy, which aims for 22% of total electricity production to be produced through natural gas by 2025. Construction of additional oil and gas facilities in Indonesia should bring significant commercial opportunities for U.S. companies that supply engineering services and equipment, such as Crude Oil Production in Indonesia decreased to 585 BBL/D/1K in August from 603 BBL/D/1K in July of 2023. This page provides the latest reported value for - Indonesia Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. In May 2019, Indonesia concluded an 18-year negotiation with Japan’s Inpex Corp over developing a liquefied natural gas (LNG) plant in Masela, which will produce 9.5 million tons of LNG each year. THE CURRENT GAS SITUATION IN INDONESIA 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 vRLc.

indonesia natural gas production