ASIATODAY.ID, JAKARTA – Minister of Energy and Mineral Resources of the Republic of Indonesia, Arifin Tasrif confirmed that Indonesia’s potential for applying Carbon Capture and Storage and Carbon Capture Utilization and Storage (CCS/CCUS) will be utilized largely for domestic needs.
CCS/CCUS is an innovative technology that allows carbon dioxide (CO2) emissions to be separated from the source, transported and stored permanently underground. This technology has great potential to reduce CO2 emissions from various industrial sectors, such as power generation, heavy industry and manufacturing.
“Later we will prioritize capturing CO2 domestically before making it a hub, so the regulations are 70% for domestic use,” he said in Jakarta, quoted Tuesday, August 6 2024.
To provide a legal basis and certainty, Arifin said that the President had signed Presidential Regulation Number 14 of 2024 concerning the Implementation of Carbon Capture and Storage Activities. One of the main substances is that it also includes domestic storage capacity, with a minimum of 70% of the total storage capacity and can be adjusted for national interests.
Apart from that, in 2023 the Ministry of Energy and Mineral Resources issued Regulation of the Minister of Energy and Mineral Resources Number 2 of 2023 concerning the Implementation of Carbon Capture and Storage, as well as Carbon Capture, Utilization and Storage in Upstream Oil and Gas Business Activities.
By having this legal basis, Indonesia is one of the pioneer countries in Southeast Asia at the forefront in making regulations regarding CCS/CCUS.
“Not yet in Malaysia, Malaysia is only in September. We are already there, it’s been about 6 months,” he added.
Indonesia, said Arifin, has a very large potential for Indonesia’s CO2 storage capacity, reaching 577.6 Giga Tons, which consists of a potential saline aquifer of 572.8 Giga Tons and depleted oil & gas of 4.8 Giga Tons. All CO2 storage potential is spread from the west to the east in Indonesia.
“The potential for saline can be up to 570 giga tons, 500 billion tons to store CO2, then depleted oil and gas is a little, namely from oil and gas sources that have been pumped, CO2 can be added with a potential of around 4 Giga Tons,” concluded Arifin . (ATN)
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