The CCS Hub in this location is expected to offer significant geological storage, capturing and injecting CO2 from domestic and regional industries.
Interim Coordinating Minister for Maritime Affairs and Investment of the Republic of Indonesia, Erick Thohir, said, "The agreement signed today marks a significant step in Indonesia's journey as a leader in emissions reduction. The cutting-edge technology behind the CCS Hub will not only reduce emissions and promote low-carbon industries, but also create jobs and attract investment."
After the signing of the MoU, Jodi Mahardi, Deputy of Maritime and Energy Sovereignty Coordination, said, "The signed document is an essential part of the lengthy process the Indonesian government has undertaken to build the CCS ecosystem. With this agreement, it is evident that all components in Indonesia, especially from the government's perspective, are ready to harness Indonesia's CCS potential for the low-carbon industries advancement, increased investment, and creating new job opportunities for the Indonesian people."
Nicke Widyawati, President Director of Pertamina, explained that Pertamina continues to develop decarbonisation programs, including the CCS Hub development, built in collaboration with strategic partners such as ExxonMobil.
According to Nicke, this project has the potential to store CO2 in strategic areas, with the CCS Hub development in the Java region, close to various industries. This hub will provide access to geological storage in saline aquifers, capable of accommodating at least three gigatons of carbon dioxide from domestic and regional carbon-intensive industries.
"This project will enable Indonesia to become a regional leader in industrial decarbonization due to its enormous carbon storage potential. Hopefully, Indonesia can become the CCS center in Southeast Asia in the future," Nicke added.