Indonesia Oil and Gas Midstream Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
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.
Key HighlightsThe 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.
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