Falling production against rising demand will see Indonesia become a larger importer of crude oil, refined fuels and natural gas (in the form of LNG) over our 10-year forecast period. Notably, diminishing gas supplies and subsequent pressure to exports will turn Indonesia into a net LNG importer for the first time by 2021. Realisation of the government's ambitious downstream expansion plans cou…
BMI View: In 2016 the air freight mode will see the most significant growth in Indonesia, as trade in Asia is set to rebalance after stalling in 2015 and key sectors such as the pharmaceutical market will see a boost in growth. In our medium-term forecast to 2019, BMI believes the rail and air freight modes will see higher growth than road freight transport, as a result of state and external in…