Indonesia's Pertamina to develop integrated CCS, LNG biz to cut emissions
SUMMARY
The company's president director, Nicke Widyawati, said that Pertamina will gradually shift its investment focus from the oil business to carbon capture and natural gas solutions.
By Shardul SharmaPertamina, the Indonesian state-owned oil and gas company, is set to develop an integrated business in carbon capture storage (CCS) and LNG to reduce carbon emissions, it announced on September 6.
The company's president director, Nicke Widyawati, said that Pertamina will gradually shift its investment focus from the oil business to carbon capture and natural gas solutions. This development follows the government's goals of reducing carbon emissions and achieving net zero emissions by 2060.
Pertamina is already involved in several CCS projects in Indonesia. It has initiated several decarbonisation efforts to reduce emissions from its existing business assets and has reduced carbon emissions by 31%.
Widyawati said that gas remains a crucial transitional fuel with reliable energy capacity. Therefore, Pertamina is committed to developing the upstream gas industry, including blue hydrogen, blue ammonia, methanol, and the necessary gas infrastructure across the value chain, Widyawati added.
