Southeast Asia · IDN
Indonesia
The coal warehouse of Asia and a nickel powerhouse. TES is still climbing with the middle class.
Oil production
0.6 mb/d
1.6 mb/d demand
Net oil
-1.0 mb/d
Near balance
Gas production
55 bcm
Net +13 bcm
O&G rent
1.2%
Share of GDP
Oil balance
Production versus demand, 2025, million barrels per day.
Gas balance
Production versus demand, 2025, billion cubic metres.
Proven oil
3 bn bbl
Gas reserves
1.3 tcm
Refining
1.1 mb/d
LNG
15 bcm export
Hydrocarbon mix
Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).
- Oil52%
- Gas48%
Inflows and outflows
What leaves. What arrives.
Indonesia outflows 0 kb/d crude, 15 bcm LNG. Inflows 0 kb/d crude, 0 bcm LNG.
Local crude
Priced off the waterborne tape.
No local futures contract on this board. Brent, Dubai and WTI still set the netback. Open the flows desk for the markers that moved when Maduro was ousted and when the Iran war started.
Crude flowsMapped crude
Barrels per day.
This economy is not on the mapped seaborne board. The corridors that rewired in 2026 are on Flows.
LNG out
- China9 bcm+1 bcm
- Japan6 bcm+0 bcm
LNG in
None mapped.
Economy
Thermal coal royalties fund the budget; EV-battery nickel is the new one. A Chinese demand stall is a commodity-revenue event. Domestic coal-for-power locks in emissions even as Jakarta talks transition.
- GDP
- $1.5 tn
- Population
- 285.0 m
- Oil intensity
- 0.4 bbl /$1k
- Oil & gas rent
- 1.2% GDP
- Hydrocarbon trade
- 1.4% GDP
- Fiscal breakeven
- —
- $30 oil shock
- -7.3 pp GDP
- Club
- Independent
Projected oil demand
Regional IEA WEO 2025 oil pathways applied to this country’s 2025 baseline. STEPS 2035 demand 2.1 mb/d (net -1.6) versus NZE 1.2 mb/d (net -0.9).
| Scenario | 2025 | 2030 | 2035 | 2050 |
|---|---|---|---|---|
| Stated Policies | 1.6 | 1.8 | 2.1 | 2.5 |
| Net Zero 2050 | 1.6 | 1.6 | 1.2 | 0.5 |
| Current Policies | 1.6 | 1.9 | 2.2 | 2.7 |