Currently, Indonesia's natural gas requirements are fully met by domestic production – particularly by the allocation of the domestic market obligation from every PSC contractor. According to the BP 2021 Report, the ratio of Indonesia's natural gas production to consumption in 2020 was 154%. Indonesia consumes 1,623,000 barrels per day (B/d) of oil as of the year 2016. Indonesia ranks 14th in the world for oil consumption, accounting for about 1.7% of the world's total consumption of 97,103,871 barrels per day. Indonesia consumes 0.26 gallons of oil per capita every day (based on the 2016 population of 261,850,182 people), or 95 Evolution of coal- and gas-fired generation cost in the central region in the United States, 2019-2023. Natural gas statistics 2019, World natural gas production by region, 1973-2018 : OECD and Non-OECD countries, Middle East, Africa, and other countries. Conversely, Indonesia, the world's 14th-largest natural gas producer in 2021, produced 10.2 billion cubic meters less natural gas in 2021 than it produced in 2020. Natural gas production China has become the world's largest natural gas importer. In 2018, its dependence on imported gas rose to 45.3%. In China, the growth rate of natural gas demand was much higher than that of domestic production, implying that the contradiction between gas supply and demand has become increasingly prominent. Our Mission: Supply Natural Gas and Oil to Europe & Turkey. Trillion Energy is rapidly accelerating natural gas production and oil exploration in Turkiye. In September 2022, the company commenced a 6-production well drilling program in Black Sea, SASB Gas Field and defined 10 additional target wells for 2024 and beyond. Coffee production landscape in Indonesia Indonesia’s climate is suited for growing coffee, and it is one of the leading agricultural crop exports of the country. Natural gas production in in the o il and gas exploration and production sector left Indonesia by sel ling ConocoPhillips Indonesia Holding Ltd with a transaction value of US$3.5 billion or equivalent to IDR19.36 0Ton7.