Gas production in Indonesia was 5.41 Billion Cubic Feet Per Day in 2023. Forecasted values for subsequent years are:
- 2024: 5.27 (2.6% decrease year-on-year)
- 2025: 5.12 (2.8% decrease year-on-year)
- 2026: 4.98 (2.7% decrease year-on-year)
- 2027: 4.84 (2.8% decrease year-on-year)
- 2028: 4.71 (2.7% decrease year-on-year)
From 2023 to 2028, the compound annual growth rate (CAGR) of gas production is projected to be -3.2%, indicating a steady decline in output.
Future trends to watch for include advancements in extraction technology, changes in government policy, fluctuations in global gas prices, and investments in renewable energy sources that could impact production volumes and the industry's growth trajectory.
