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Pipeline Pulse > Oil > Pertamina Inks Deal to Develop Carbon Transportation and Storage
Oil

Pertamina Inks Deal to Develop Carbon Transportation and Storage

Last updated: 2024/09/30 at 8:15 AM
9 months ago
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Pertamina Inks Deal to Develop Carbon Transportation and Storage
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PT Pertamina (Persero) and PT Pertamina Hulu Energi (PHE) signed a memorandum of understanding (MOU) with PT Pertamina Worldwide Delivery (PIS) for liquified carbon dioxide (LCO2) enterprise growth.

PT Pertamina mentioned in a media launch that the MOU symbolizes the preliminary settlement on a partnership for liquified CO2 transportation and a receiving terminal. The MOU additionally follows a earlier settlement between PHE and PIS on a Joint Research for Transportation and Receiving Terminal for LCO2.

“PHE continues to help Pertamina’s twin progress technique by strengthening the upstream oil and gasoline enterprise to take care of nationwide power safety whereas striving for decarbonization, together with via the implementation of CCS/CCUS”, President Director of PHE Chalid Mentioned Salim mentioned. “This synergy and partnership with PT Pertamina Worldwide Delivery are anticipated to make sure the success of the CCS/CCUS program, which may improve firm efficiency and help the federal government’s decarbonization targets”.

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PIS CEO Yoki Firnandi said that this cooperation marks an essential milestone for PIS in getting into the carbon transport part.

“PIS welcomes this synergy in growing the CCS/CCUS enterprise with PHE, using our ready fleet and infrastructure. The federal government’s regulatory help allows Pertamina Group to contribute extra considerably to lowering 30 p.c of the corporate’s carbon emissions by 2030 whereas pursuing Web Zero Emission by 2060,” Firnandi mentioned.

On a separate event, the Vice President of Company Communication of PT Pertamina (Persero), Fadjar Djoko Santoso, emphasised that Pertamina encourages its subsidiaries to decarbonize throughout all enterprise processes.

“The corporate has contributed to lowering carbon emissions by 31 p.c and can proceed to see additional reductions sooner or later,” Fadjar mentioned.

To contact the writer, electronic mail andreson.n.paul@gmail.com




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September 30, 2024
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