Info!
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
UPDATED 1 Sept: The EI library in London is temporarily closed to the public, as a precautionary measure in light of the ongoing COVID-19 situation. The Knowledge Service will still be answering email queries via email , or via live chats during working hours (09:15-17:00 GMT). Our e-library is always open for members here: eLibrary , for full-text access to over 200 e-books and millions of articles. Thank you for your patience.
Indonesia’s declining share of global LNG supply
After accounting for more than one third of global LNG exports throughout the 1990s, Indonesia’s share of the global market is currently about 7%, according to a recent brief from the US Energy Information Administration (EIA). This declining share is a result of both growing global LNG demand that is increasingly served by non-Indonesian supply and lower Indonesian exports. ‘While Indonesia’s LNG exports have fallen by 40% since 1999 – driven by the country’s economic growth that has stimulated higher levels of domestic energy consumption, particularly of natural gas – global LNG demand has risen over 150% during the same period,’ states the EIA.
News Item details
Journal title: Petroleum Review
Countries: Indonesia - Asia-Pacific -
Subjects: Liquefied natural gas
