With many big, depleted oil and gas reservoirs, Indonesia has a huge capacity and the potential to become a regional hub for storing CO2. It has an estimated capacity to store more than 400 gigatons of CO2.
Developing facilities for storing captured CO2 is not just a way to reduce the amount of CO2 released into the atmosphere, it can also generate revenues of around $50 per ton of CO2 stored.
As the first step, Pertamina is working with ExxonMobil to study the CCS feasibility of its depleted reservoirs in the Sunda-Asri basin. Pertamina and ExxonMobil will come up with a commercial model design for the regional CCS hub development in the working area of PT Pertamina Hulu Energi OSES.
Here are the assets and areas that the Ministry of Energy and Mineral Resources has identified as having the potential for carbon storage, carbon capture, or carbon utilization.
Carbon Storage (CS)
• Arun reservoir
Carbon Capture, Utilization and Storage (CCUS) with EOR
• Gemah field
• Ramba field
• Sukowati field
• Tangguh field
• Jatibarang field
Carbon Capture and Storage (CCS)
• Abadi field
• Sakakemang field
Carbon Utilization (CU)
• Balikpapan refinery – Producing methanol.
• Central Sumatra Basin
• Kutai basin
• Sunda Asri basin
• East Kalimantan