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2019-08-02 11:35:00

INDONESIA'S LNG UP

INDONESIA'S LNG UP

PLATTS - Indonesia will no longer need to import LNG by 2025 to meet the shortfall in domestic natural gas production as previously expected, as the country brings new projects on stream by 2024, the energy minister told reporters Wednesday.

The upbeat projections are based on a revised production outlook and a revamped plan to attract upstream investment that have led to major discoveries and project approvals in recent months.

If successful, the bevy of new projects will mean that Indonesia, which has one of the world's largest untapped…

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