EIA: Indonesian oil and gas imports increase

From primarily servicing export markets with oil, gas, and coal, increasing domestic demand, lower oil production, and a lack of investments are now pushing Indonesia to import more energy, according to the EIA.

Indonesia's energy production is undergoing a transformation, from primarily supplying export markets with oil, gas , and coal, the country is now increasingly forced to look at the needs of the domestic markets. But uncertainties about authorities' control and a lack of investments are challenging the industry, says the EIA in a new analysis.

Until 2009, Indonesia was part of the OPEC countries, but the country withdrew due to a decline in oil production, which did nothing to improve the rising energy consumption in Indonesia. Still, the country was the world's largest coal exporter in 2012 and the fourth largest LNG exporter in 2013. But as the country is trying to comply with its export commitments and to make money by selling to the international markets, Indonesia also has to meet the demand of the country's domestic market.

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