Pioneering SOEs in the Energy Sector, Pertamina Partners with the Japan Cooperation Center For Petroleum & Sustainable Energy (JCCP)

Jakarta, May 14, 2024 - PT Pertamina (Persero) and the Japan Cooperation Center For Petroleum & Sustainable Energy (JCCP) have signed a Memorandum of Understanding (MoU) regarding “Collaboration in The Field of Capability Development & Technical Cooperation in The Energy Sector" in Jakarta (13/5/2024).

Director of Finance of Pertamina, Emma Sri Martini, stated that the collaboration between Pertamina and JCCP is part of Pertamina's efforts to address energy transition challenges, particularly the energy trilemma, through initiatives and cooperation with various parties.

“One of the collaborations with JCCP involves three potential aspects; capacity development, which includes energy conservation and sustainable digitalization; women empowerment, focusing on career development and women empowerment; and technical assistance, which includes research initiatives supported by JCCP, such as studies on CO2 reform technology implementation in Indonesia, agroforestation development of rubber trees to produce carbon-neutral oil, and Sustainable Aviation Fuel development," said Emma.

Chief Executive Officer (CEO) of JCCP, Tsuyoshi Nakai, appreciated the collaboration with Pertamina. “Pertamina and JCCP have had a long-standing business relationship, and this MoU is an initiative to enhance our cooperation. To strengthen the relationship, a cooperation dialogue forum has been established to discuss our collaboration achievements and plans,” he said.

CEO of JCCP, Tsuyoshi Nakai, added that this agreement’s signing is part of the Asia Zero Emission Community (AZEC) event, which received full support from both the Indonesian and Japanese governments in December 2023.

At the same event, the Head of the Bureau of Communication, Public Information Services, and Cooperation (KLIK) of the Ministry of Energy and Mineral Resources, Agus Cahyono Adi, said the Ministry of Energy and Mineral Resources supports this collaborative effort. This is important, as Pertamina is a major hope of the government to become a leader and pioneer, aiming towards the net zero emissions target in the future.

Vice President of Corporate Communication of Pertamina, Fadjar Djoko Santoso, added that this MoU is a significant milestone in the ongoing collaboration process.

"This MoU signing signifies that we have reached a more solid level of collaboration and demonstrates both parties' commitment to create innovation and make tangible efforts towards mutually beneficial cooperation for both Pertamina and JCCP, accelerating the energy transition in terms of human resource preparation and energy projects," explained Fadjar.

The MoU exchange was conducted by the Director of Finance of Pertamina, Emma Sri Martini, and the CEO of JCCP, Tsuyoshi Nakai. It was witnessed by Economic Minister - Embassy of Japan in Indonesia - Ueda Hajime, Special Counselor - Haruhiko Ando, and Head of the Bureau of Communication, Public Information Services, and Cooperation (KLIK) of the Ministry of Energy and Mineral Resources - Agus Cahyono Adi. Senior leaders and executive board members from both parties also attended the event.

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, and Governance (ESG) implementation across all Pertamina's business lines and operations.**