Pertamina Utilizes Natural Potential to Capture Carbon Through Two Integrated Initiatives
Baku, November 16, 2024 - PT Pertamina (Persero) has integrated two strategies to capture carbon emissions through natural resources and technology use. Pertamina plays a crucial role in developing BECCS (Bioenergy Combined with Carbon Capture and Storage) development in Indonesia.
SVP of Technology Innovation of Pertamina, Oki Muraza, explained that Indonesia has significant potential in agriculture and forestry, with over 50% of Indonesia's land still covered by forests.
On the other hand, Pertamina’s studies indicate that Indonesia’s storage capacity for carbon emissions could reach 7 gigatons. "By combining bioenergy with CCS, we can harness the benefits of two domains: bioenergy derived from agriculture and forestry and CCS from the oil and gas sector," Oki said during a panel session at the Indonesia Pavilion, COP 29, on Friday (15/11).
Indonesia's forestry and agriculture sectors can naturally absorb carbon through photosynthesis. Recognizing this potential, Pertamina ensures its operations near forests and agricultural lands support these vital natural carbon absorption processes.
Currently, Pertamina is conducting BECCS studies in South Sumatra, a region with eucalyptus forests and oil and gas operations nearby. "For example, CO₂ emissions from the pulp and paper industry, amounting to one million tons annually, can be captured and stored in the Limau Field reservoir, just 5 kilometers away. This proximity is a unique advantage rarely found in other countries," Oki explained.
This approach potentially creates carbon-negative initiatives through plant photosynthesis and geological reservoir injection. "With this method, we do not only reduce emissions but also generate tradable carbon credits," Oki added.
According to Oki, Indonesia has numerous opportunities to develop BECCS, such as at a bioethanol plant in East Java that also produces CO₂ for the food industry. However, realizing this technology requires robust collaboration in technology development, regulatory support, and financial backing.
"Regulations, such as MRV (Measurement, Reporting, and Verification) mechanisms and carbon market development, will be key to attracting investment to Indonesia. It is both a blessing and a major opportunity for us," Oki said.
Through the synergy of bioenergy and CCS, Indonesia can increase its contribution to renewable energy while significantly reducing carbon emissions.
"This combination can help Indonesia achieve its Enhanced NDC target of a 32% emissions reduction while supporting the goal of meeting one-third of national energy needs from renewable sources," Oki added.
PT Pertamina (Persero) is committed to advancing BECCS implementation by optimizing capital, technology, infrastructure, and regulatory frameworks. "With the right synergy, we are confident that BECCS can be realized as a unique solution for energy transition and climate action in Indonesia," Oki concluded.
Pertamina, as a leading company in the energy transition, is committed to supporting the Net Zero Emission 2060 target by continuously promoting programs that directly impact the Sustainable Development Goals (SDGs) achievement. All these efforts align with Environmental, Social & Governance (ESG) implementation across all Pertamina’s business lines and operations.**