Pertamina eyes JETP grant to apply CCUS at

its oil-gas blocks

State-owned oil and gas company PT Pertamina is seeking grants from Just
Energy Transition Partnership (JETP) to apply carbon capture, utilization and
storage (CCUS) at its oil and gas blocks.
The JETP is an Indonesian-led partnership with the international community,
countries and agencies, based on Indonesia's own efforts to combat climate
change.
The spokesperson of Pertamina Fadjar Djoko Santoso said Pertamina has
identified a number of oil and gas blocks that have the potential to adopt
CCUS, such as oil and gas blocks in Central Sumatera, Kutai basin, Gundih
and Sukowati fields in Central Java as well as Donggi Matindok field in Central
Sulawesi.
He said a portion of the grants will be used to conduct research to accelerate
the implementation of the CCUS in the upstream oil and gas sector.
"Officially, we have not submitted a project proposal to the JETP, but
communication has been carried out and it is hoped that we can get a portion
of JETP (funding) for CCUS research in the Pertamina and non-Pertamina
fields," Fadjar was quoted by Katadata.co.id as saying via on Tuesday.
Furthermore, said Fadjar, Pertamina will comply with the JETP policy even
though the international program is still focused on the energy transition and
early retirement of coal-fired power plants (PLTU).
Pertamina through the upstream Subholding PT Pertamina Hulu Energi (PHE)
is currently reviewing four CCUS projects to boost oil and gas production while
pursuing carbon emission reduction targets.
Of the four CCUS projects, three are located in Java and one in Sumatra, he
said.
The development of CCUS technology in several oil and gas fields is intended
for advanced oil extraction or Enhance Oil Recovery (EOR) and Enhance Gas
Recovery (EGR).