Indonesia Plans to Defer LNG Cargoes as Domestic Demand Grows

LNG exporter Indonesia has asked its buyers to accept delays to Indonesian LNG cargo exports this year, as the Southeast Asian country looks to meet rising domestic energy and gas demand, sources familiar with the plans told Bloomberg on Thursday. Indonesia, the sixth biggest exporter of LNG in the world, is estimated to have shipped about 300 cargoes in 2024, per vessel-tracking data compiled by Bloomberg.

Indonesia has a new energy plan under which it will prioritize gas exploration and production to meet domestic demand. Over the next decade,…