Friday, December 27, 2024

Maximizing domestic natural gas use, key pillar of Indonesia’s energy strategy

Reading Time: < 1 minute
Audina Nur

Journalist

Editor

Interview

The Ministry of Energy and Mineral Resources (ESDM) has reported a significant milestone in Indonesia’s energy landscape, with domestic natural gas utilization reaching 68.2 percent of total production throughout 2023. This achievement underscores the nation’s commitment to maximizing the utilization of its abundant natural resources and highlights the pivotal role of natural gas in meeting both industrial and household energy needs.

A substantial portion of Indonesia’s domestic natural gas utilization, totaling 1,516 million cubic feet per day (MMscfd), has been allocated to the industrial sector, driving economic growth and fostering industrial development across various sectors. Furthermore, the expansion of household gas networks (jargas), which currently serve approximately 900,000 households, is poised to further enhance energy accessibility and affordability for millions of Indonesians.

The widespread adoption of natural gas, particularly in industrial settings, is not only yielding significant economic benefits but also contributing to environmental sustainability by reducing emissions compared to traditional fuel sources such as LPG. By leveraging the inherent advantages of natural gas, including its lower emissions profile and cost-effectiveness, Indonesia is well-positioned to navigate the ongoing energy transition towards a more sustainable and resilient future.

Audina Nur

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
No topics
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

The opening hearing session at the Unaaha District Court in Konawe regency, Southeast Sulawesi province on Monday, December 23, 2024, which is trying co-owners of coal-fired plants PT OSS and PT VDNI over human rights violation and environmental damage allegations, was adjourned until January 6, 2025 after both owners failed to show up.
Minister of Defense Sjafrie Sjamsoeddin met with Navy Chief of Staff Admiral Muhammad Ali on Monday, December 23, 2024, discussing measures to strengthen the country’s sovereignty in the maritime defense sector.
A number of tax incentives enjoyed by the plastic industry are considered to have negative impacts on the environment and state revenues according to a recent study by The Prakarsa.
Chairman of the Budget Committee (Banggar) of the House of Representatives (DPR), Said Abdullah, announced the Indonesia Democratic Party of Struggle’s (PDI-P) support for the government’s plan to increase Value Added Tax (VAT) rate to 12 percent starting January 2025.
The Indonesian Navy and its Russian counterpart held the 3rd Navy-to-Navy Talks (NTNT) at the Central Naval Museum, St. Petersburg, Russia, on December 19, 2024.
Telkomsel, Mcash, and Chinese technology giant Tencent are developing AI technology to support Telkomsel’s B2B activities in Indonesia.