Indonesia to review gas exports to support petrochemical industry
Jakarta, Oct. 23 -- Coordinating Minister for Downstreaming and Energy Transition Bahlil Lahadalia said Indonesia will review gas exports to optimize domestic supply ahead of plans to develop a downstream petrochemical industry.
Speaking in Jakarta on Friday, Bahlil, who also serves as energy and mineral resources minister, said the government would reassess gas allocation ratios to prioritize domestic consumption and ensure sufficient feedstock for industrial processing.
"Moving forward, I intend to conduct a reassessment to optimize gas for domestic consumption, including its use as a raw material," Bahlil said.
Indonesia currently exports about 30 percent of its natural gas production and allocates the remaining 70 percent to domest...
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