Optimization of Natural Gas Amid Transition: Unwinding the Node

Optimization of natural gas utilization amid the ongoing momentum of energy transition may not be fulfilled due to rising challenges, especially in the lack of readiness of domestic infrastructure.

Ibeth Nurbaiti

15 Jun 2023 - 01.51
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Optimization of Natural Gas Amid Transition: Unwinding the Node

Illustration - LNG refinery complex./Bisnis/Credit: Pertamina.

Bisnis, JAKARTA - Natural gas, despite being a fossil-based energy fuel, plays a crucial role in accelerating the energy transition. It not only has significant potential in Indonesia but also serves as a cleaner fuel compared to coal and oil.

According to the Ministry of Energy and Mineral Resources (EMR), Indonesia has proven reserves of approximately 41.62 trillion cubic feet (TCF) of natural gas. Additionally, there are 68 unexplored potential wells in the country.

Based on the Indonesia 2022-2030 Natural Gas Balance, it is believed that Indonesia can meet its domestic gas needs from the existing gas fields. Over the next 10 years, the country is estimated to have a gas surplus of up to 1,715 million standard cubic feet per day (MMSCFD) from several potential projects.

With the significant potential for domestic gas surplus, Indonesia stands to gain strong capital to enhance national energy security and pave the way for achieving net-zero emissions (NZE) by 2060 or earlier.

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© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.