COP28: Pertamina Ready to Lead Carbon Storage Market in Indonesia

Saturday, 27 July 2024

COP28: Pertamina Ready to Lead Carbon Storage Market in Indonesia

Author: Andree Nizar
December 8, 2023

Pertamina Senior Vice President Research and Technology Innovation, Oki Muzara, at the Conference of the Parties (COP28) in Dubai, United Arab Emirates, on Saturday (12/2). Photo : Pertamina

SEAToday.com, Dubai - PT Pertamina stated its readiness to become a major player in carbon storage in Indonesia. This was conveyed by Pertamina Senior Vice President Research and Technology Innovation, Oki Muzara, at the Conference of the Parties (COP28) in Dubai, United Arab Emirates, on Saturday (12/2). Pertamina proved it through the Carbon Capture Utilization Storage (CCS) and Carbon Capture Utilization Storage (CCUS) programs.

In his presentation, Oki said there are 400 gigatons (GT) of CCS potential and CCS/CCUS business capacity reaching 60 million tons per annum (MTPA) in Indonesia. To date, Pertamina has eight CCS/CCUS sites that are being developed in cooperation with other strategic partners. Two are located in Sumatra, four in Java, and two in Sulawesi.

Pertamina sees CCUS as an effort to increase the amount of oil and gas while supporting the goal of Net Zero Emissions (NZE).