Indonesia Oil & Gas Midstream Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | < 1.83 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Indonesia Oil & Gas Midstream Market Analysis
The Indonesian oil and gas midstream market is expected to register a CAGR of less than 1.83% during the forecast period, 2020 - 2025. Factors, such as the increasing demand for natural gas and oil and the increasing production of oil in the country, are expected to boost the demand in the Indonesian oil and gas midstream market, during the forecast period. However, reduction in the oil and gas production has impeded the growth in the oil and gas midstream market.
- In 2020, the decrease in the production levels of the oil and gas in the country, in 2015 - 2018 period, has caused uncertainty in the market. Also, deals with Singapore, for providing oil through pipeline may end, as the government is shown no interest to continue the gas swapping agreement.
- Indonesia's government-owned company is expected to invest in the exploration and production of Indonesia's oil and gas fields. The investment would likely increase production and create an opportunity for cheaper oil and gas for the refineries.
- Few projects are expected to be added in the storage market in the forecast period. Marginal growth in the oil and gas sector, is expected, in the forecast period. Increase in Investment is expected to be the driver of the market.
Indonesia Oil & Gas Midstream Market Trends
This section covers the major market trends shaping the Indonesia Oil & Gas Midstream Market according to our research experts:
Pipeline Capacity to Witness Growth
- Indonesia sends about 25% of its gas exports to Singapore and Malaysia through two pipeline connections: one from its offshore fields in the West Natuna Sea and the other from the Grissik gas processing plant in South Sumatra.
- Consumption of natural gas decreased in the country, by 1.1%, year on year, from 40.1 million tons of oil equivalent (mtoe), in 2015 to 41.9 mtoe, in 2018. While gas production has decreased in the country from 65.5 mtoe, in 2015 to 62.9 mtoe, in 2018.
- In 2019, New projects are underway for the creation of gas pipeline in the country like Trans-Kalimantan gas pipeline and Borneo gas pipeline, are expected to be installed in the forecast period.
- In 2019, Pertamina, a private player in the Indonesia oil and gas market, is proposing around 1611 km of pipeline and 443 km of the pipe is underway. Which is expected to ease and reduce the cost of transportation.
- Hence, pipeline capacity of the country is expected to grow slightly in the forecast period due to an increase in oil consumption in the country and increase in investments in the sector.
Increase in Investments to Drive the Market
- Indonesia has a total oil storage capacity of 4.8 million kilolitres. Pertamina owns around 87% of the capacity. While over 40% of the capacity is in the Island of Java, which has the most significant demand, the Riau Islands close to Singapore have significant capacity growth. Largest of gas storage is the UPMS-III site, owned by Pertamina which provides for around 1,235,850 kiloliters billion cubic meters of space.
- Pertamina is expected to strengthen the midstream infrastructure to distribute fuel and LPG. The Maumere BBM Terminal is expected to increase the fuel storage tank capacity from 20,000 Kiloliters (KL) to more than 85,000 KL and served as the primary point supply in the East Nusa Tenggara region
- Production of oil increased, by, consumption of natural gas increased in the country, by 3.1%, year on year, from 73.8 million tons of oil equivalent (mtoe), in 2015 to 83.4 mtoe, in 2018. The oil production in the country decreased to 39.5 million tons, in 2018 from 41 million tons, in 2017. An increase in consumption is expected to boost growth in the market.
- Hence, Indonesia oil and gas midstream is expected to witness growth in the forecast period due to an increase in investment in the region.
Indonesia Oil & Gas Midstream Industry Overview
The Indonesian oil and gas midstream market is moderately consolidated. The major companies operating in the market include Pertamina EP, PT. Connusa Energindo, ConocoPhillips Company, PT. Perusahaan Gas Negara Tbk, and Chevron Corporation.
Indonesia Oil & Gas Midstream Market Leaders
PT. Connusa Energindo
PT Pertamina
ConocoPhillips Company
PT. Perusahaan Gas Negara Tbk
Chevron Corporation
*Disclaimer: Major Players sorted in no particular order
Indonesia Oil & Gas Midstream Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Scope of the Study
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1.2 Market Definition
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1.3 Study Assumptions
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET OVERVIEW
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4.1 Introduction
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4.2 Oil Production and Consumption Forecast in Barrels Per Day, Till 2025
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4.3 Natural Gas Production and Consumption in Million Metric Ton of Oil Equivalent, Till 2025
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4.4 Recent Trends and Developments
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4.5 Government Policies and Regulations
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4.6 Market Dynamics
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4.6.1 Drivers
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4.6.2 Restraint
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4.7 Supply Chain Analysis
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4.8 PESTLE Analysis
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5. MARKET SEGMENTATION
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5.1 Transportation
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5.1.1 Overview
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5.1.1.1 Existing Infrastructure
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5.1.1.2 Projects in Pipeline
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5.1.1.3 Upcoming Projects
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5.2 Storage
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5.2.1 Overview
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5.2.1.1 Existing Infrastructure
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5.2.1.2 Projects in Pipeline
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5.2.1.3 Upcoming Projects
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5.3 LNG Terminals
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5.3.1 Overview
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5.3.1.1 Existing Infrastructure
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5.3.1.2 Projects in Pipeline
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5.3.1.3 Upcoming Projects
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6. COMPETITIVE LANDSCAPE
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6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
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6.2 Strategies Adopted by Leading Players
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6.3 Company Profiles
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6.3.1 Pertamina EP
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6.3.2 PT. Connusa Energindo
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6.3.3 ConocoPhillips Company
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6.3.4 PT. Perusahaan Gas Negara Tbk
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6.3.5 Chevron Corporation
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Indonesia Oil & Gas Midstream Industry Segmentation
The Indonesian oil and gas midstream market report includes:
| Transportation | |||||
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| Storage | |||||
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| LNG Terminals | |||||
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Indonesia Oil & Gas Midstream Market Research FAQs
What is the current Indonesia Oil and Gas Midstream Market size?
The Indonesia Oil and Gas Midstream Market is projected to register a CAGR of less than 1.83% during the forecast period (2024-2029)
Who are the key players in Indonesia Oil and Gas Midstream Market?
PT. Connusa Energindo, PT Pertamina, ConocoPhillips Company, PT. Perusahaan Gas Negara Tbk and Chevron Corporation are the major companies operating in the Indonesia Oil and Gas Midstream Market.
What years does this Indonesia Oil and Gas Midstream Market cover?
The report covers the Indonesia Oil and Gas Midstream Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Indonesia Oil and Gas Midstream Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Indonesia Oil and Gas Midstream Industry Report
Statistics for the 2024 Indonesia Oil and Gas Midstream market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Indonesia Oil and Gas Midstream analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
