The issuance of Presidential Decree No. 14 of 2024 on the implementation of CCS activities earlier this year marks a critical milestone in Indonesia’s journey toward achieving net zero emissions by 2060. This decree not only sets the stage for nationwide carbon reduction efforts but also provides PIS with the official mandate to actively contribute to the government’s net-zero ambition. At the same time, the International Maritime Organization (IMO) has reinforced its commitment to reducing emissions within the global shipping industry, further strengthening PIS’s efforts in supporting both national and international sustainability goals.
PIS CEO Yoki Firnandi emphasized the urgency of the company’s mission, saying, “We must act swiftly to meet the growing demand for CCS solutions. Our collaboration with NYK is a pivotal step in building the necessary transportation capabilities for carbon capture in Indonesia.”
Key to this collaboration is PIS’s investment in liquid carbon dioxide (LCO2) transport vessels and receiving terminals, both of which are vital infrastructure for CCS/CCUS initiatives.
Anders Lepsoe, Managing Director of NYK Group for Europe and Norway, highlighted the vast potential of the CCS market, stating, “PIS and NYK acknowledge that CCS presents an extraordinary opportunity to facilitate a green transition. Our combined expertise in technology and regulations positions us to make a meaningful impact on the energy transition.”
PIS remains committed to sustainability, targeting a 30% reduction in total carbon emissions across operations by the end of 2030. The company is actively rejuvenating its fleet with environmentally friendly vessels and alternative fuels, including dual-fuel and biodiesel.
“While the complexities of CCS transportation are significant, our partnership with NYK is designed to tackle these challenges head-on. Together, we will assure the government, industry stakeholders, and emitters that we are prepared to support the CCS shipping value chain, facilitating carbon transport both regionally and globally,” concluded Yoki.
Reporter: PR Wire
Editor: PR Wire
Copyright © ANTARA 2024