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Pertamina in Indonesia, Air Liquide in France to study carbon capture


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JAKARTA – Indonesian state energy company PT Pertamina said late Tuesday that it would study the carbon capture technology at its Balikpapan refinery with a local unit of French gas company Air Liquide.

Pertamina and Air Liquide Indonesia have signed a joint study agreement on capturing carbon emissions from the hydrogen production facility in Balikpapan and storing the carbon in the Kutai Basin area for East Kalimantan Province.

Some of the emissions would be turned into products such as methanol, which could be used to produce low-carbon fuels, Pertamina said in the statement.

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Indonesia, which is heavily dependent on fossil fuels for its energy, aims to achieve net-zero emissions by 2060 and aims to nearly double the share of renewables in its energy mix to 23% by 2025.

Pertamina aims to reduce greenhouse gas emissions by 30% and increase the renewable energy mix to 17.7% by 2030.

“We hope that the agreement between Pertamina and Air Liquide will have a positive impact on accelerating the implementation of low-carbon technology and providing low-carbon energy resilience in Indonesia,” CEO Nicke Widyawati said in the statement.

Pertamina has been researching carbon capture, use and storage (CCUS) technology to offset emissions because it boosts oil and gas production, Nicke said.

The company has signed an agreement with US energy company Chevron Corporation to explore lower carbon business opportunities in Indonesia.

It also has a deal with ExxonMobil Corp to assess the potential for large-scale CCUS deployment and hydrogen production at three of Pertamina’s facilities. (Reporting by Bernadette Christina, editing by Fransiska Nangoy and Kanupriya Kapoor)

This post Pertamina in Indonesia, Air Liquide in France to study carbon capture

was original published at “https://financialpost.com/pmn/business-pmn/indonesias-pertamina-frances-air-liquide-to-study-carbon-capture”

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