The analysis of total support for natural gas producers in Indonesia shows a notable fluctuation from 2013 to 2023. Year-on-year variations range significantly, with the highest spike observed in 2020, showing an overwhelming increase of 930.2%. As of 2023, support stood at $638.95 million, reflecting a moderate 2.1% increase from 2022. Over the last two years, the average support variation was moderately positive, complimenting a robust five-year CAGR of 30.03% from 2018-2023. However, farther looking forecasts predict a slower growth rate with a 5-year CAGR of 1.51%, signifying stabilization in government support from 2024 to 2028.
Future trends to watch include potential shifts in government policy, global energy market dynamics, and Indonesia's broader economic conditions that could affect future support levels. Additionally, the transition towards renewable energy sources could alter the natural gas sector's landscape, thus influencing support dynamics.