2 min read
• May 13, 2024What could an Indonesian CCS hub look like?
Key takeaways:
- Indonesia is evaluating a major potential carbon capture and storage (CCS) hub.
- The hub could store approximately 3 metric gigatons of CO2.
- Indonesia is working with Singapore to develop a potential CCS value chain in Asia Pacific.
2 min read
• May 13, 2024Navigate to:
Indonesia is utilizing carbon capture and storage (CCS) technology, local skills, and its history of energy production to help the Asia Pacific region reduce emissions.
Earlier this year, Indonesia’s government took a leap forward and issued a presidential regulation allowing CCS operators to set aside part of their storage capacity for the region’s CO2. In addition, this year, the governments of Singapore and Indonesia have signed a letter of intent (LOI) to collaborate on cross-border CCS.
We are working with Indonesian state-owned company Pertamina to advance a joint evaluation of a potential CCS hub.
The potential Indonesian CCS project is located underneath the Java Sea and could hold approximately three metric gigatons of CO2, which could make it the largest storage site in Southeast Asia.
Indonesia is helping push Asia Pacific toward a lower-carbon future, as it makes moves towards becoming a hub for domestic and regional carbon capture and storage.
Here’s how we capture and store CO2
Let’s dive deeper into the layers of CCS
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