Jakarta (ANTARA) - Indonesia's state-owned energy company Pertamina has partnered with over a dozen international firms to conduct a joint study on the development of carbon capture and storage (CCS) in the country.

The development of CCS in Indonesia is still in its early stages, said Wisnu Medan Santoso, Pertamina's SVP of business development, on Tuesday.

Pertamina is working with at least 15 international energy companies to conduct a joint study on the development of CCS in Indonesia, he added.

Pertamina Hulu Energi (PHE), Pertamina's upstream sub-holding, and ExxonMobil will conduct appraisal drilling in the Sunda Asri Basin to assess the suitability of subsurface geological formations for storing captured CO2.

If the appraisal drilling results align with expectations, the final investment decision will be made by 2026 at the earliest, Santoso said.

"It is still in the early stages, so there is no concrete investment yet," he said, adding that Pertamina needs government support in the form of regulations.

The Ministry of Energy and Mineral Resources continues to promote CCS development to support Indonesia's commitment to achieving its net zero emissions (NZE) target by 2060.

In the energy sector, measures to achieve the NZE target include developing renewable energy, promoting energy conservation, and implementing clean technologies like CCS. Related news: Minister invites investors to develop N Kalimantan's green industry
Related news: Carbon capture storage can extend fossil energy use: BPH Migas

Translator: Aji Cakti, Yashinta Difa
Editor: Anton Santoso
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