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Indonesia Loses Liquefied Natural Gas Supply Share

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Hira Shahnawaz Akhtar
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A recent spike in global Liquefied Natural Gas (LNG) demand has driven down the share of small nations in the supply of LNG. Hence, Indonesia is now the fourth-largest exporter of LNG behind Qatar, Malaysia and Australia with a 7% share in global LNG exports. Indonesian export of LNG stood at 818 billion cubic feet (bcf) in 2013, as compared to 870 bcf in 2012.

Figure 1: Indonesia global LNG exports 1987-2013

LNG
Source: Energy Information Administration (EIA)

LNG in Indonesia

The Energy Information Administration (EIA) defines LNG as such: "LNG is natural gas that has been cooled to -260°F for shipment or storage as a...

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Hira is a financial analyst whose expertise lies in commodity and other financial markets. Hira is currently an independent financial consultant and is working with many international firms like American Arab Solutions (AAS). She has previously served as a Senior Research Analyst at Alternate Research (Pvt.) Ltd. as the Team Leader for the International Equities Research. She has also worked as an equities analyst of Pakistani E&P stocks at Invest Capital Markets. She has experience in business development and conducting feasibility studies in commodity markets, specifically in sugar, palm oil and canola oilseeds. She has cleared all three levels of her CFA (Chartered Financial Analyst) and has an undergraduate degree in Finance.