Indonesia's natural gas production in 2023 stood at X billion cubic meters. The forecast for 2024 is 54.44 billion cubic meters, decreasing to 48.52 billion cubic meters by 2028. This reflects a year-on-year decline of 2.87% between 2024 and 2025, 2.84% from 2025 to 2026, 2.83% from 2026 to 2027, and 2.80% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is approximately -2.84%.
Future trends to watch for:
- Potential regulatory changes impacting production and investment in the sector.
- Technological advancements in gas extraction and processing techniques.
- Shifts in global energy demand and pricing that could affect Indonesia's export markets.
- The impact of environmental policies and sustainability efforts on gas production practices.