Jakarta (ANTARA) - The Ministry of Energy and Mineral Resources has stated that the government's priority for developing the carbon capture and storage (CCS) industry is twofold: to reduce emissions and to create new investment opportunities.

"The government's main priority is to ensure that this initiative not only contributes to emission reductions but also creates investment opportunities," said the Director General of Oil and Gas at the ministry, Laode Sulaeman in an official statement, Thursday.

Sulaeman also highlighted the government's desire to encourage innovation and strengthen the sustainable growth of the CCS industry.

He believes Indonesia has significant geological potential and a supportive regulatory framework that positions the country to become a CCS hub in Southeast Asia.

"Through collaboration with regional partners, Indonesia is committed to transforming this potential into concrete projects," he stated.

These remarks were made at the 5th Asia Carbon Capture, Utilization, and Storage (CCUS) Network (ACN) Forum, held in Jakarta from September 10-11.

The international forum aimed to strengthen regional collaboration on CCUS technology as part of the transition to achieving net-zero emissions.

The forum was organized by a partnership between the Economic Research Institute for ASEAN and East Asia (ERIA), the Ministry of Economy, Trade and Industry (METI) of Japan, the ESDM Ministry of Indonesia, the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), and the Indonesia Center of Excellence for CCS and CCUS.

ERIA President Tetsuya Watanabe emphasized the critical need for stronger regional cooperation in developing the CCS industry.

"The 5th ACN Forum highlights cross-border cooperation in CCS and carbon recovery. These issues require an unprecedented level of collaboration, as no single country can achieve them alone," he said.

To achieve this, Watanabe stressed that each country needs aligned regulations, infrastructure investment, and mutual trust among government, industry, and society.

He concluded that the Asia CCUS Network serves as a unique platform to build this trust and turn vision into concrete action.

Translator: Putu Indah Savitri, Martha Herlinawati Simanjuntak
Editor: Aditya Eko Sigit Wicaksono
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