Indonesian Political, Business & Finance News

Pertamina and ERIA Forge Strategic Partnership in Energy Transition

| | Source: KOMPAS Translated from Indonesian | Energy
Pertamina and ERIA Forge Strategic Partnership in Energy Transition
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KOMPAS.com - Pertamina and the Economic Research Institute for ASEAN and East Asia (ERIA) have officially formed a strategic collaboration. The cooperation is set out in a memorandum of understanding (MoU) titled ‘Research Collaboration and Joint Study on the Development of Sustainable Energy Transition Pathways’. The signing of the MoU was part of a series of events at The Indonesian Petroleum Association Convention and Exhibition (IPA Convex) 2026 at ICE BSD, Tangerang, Banten, from Wednesday 20 May 2026 to Friday 22 May 2026. The signing was carried out by Pertamina’s Director of Strategy, Portfolio, and Business Development (SPPU) Emma Sri Martini and ERIA Chief Operating Officer Takayuki Yamanaka. Emma said Pertamina remains committed to supporting government programmes aimed at achieving national energy independence and supporting the energy transition. To this end, Pertamina continues to develop its capabilities by collaborating with various stakeholders, including think tanks. Emma added that Pertamina currently pursues two main pillars of its business strategy, namely optimising existing fossil-based businesses and accelerating the development of low-carbon businesses. The MoU covers two main pillars of cooperation: policy and economic analysis in the energy sector, and capacity building and knowledge exchange. The MoU implementation will be carried out by Pertamina Energy Institute (PEI) as the strategic think tank within Pertamina. Emma stated that through the partnership with ERIA, Pertamina will gain support in the form of research-based policy studies and comprehensive energy economics analysis. Emma expressed hope that the collaboration would strengthen Pertamina’s strategic position in the regional arena amid the continually evolving dynamics of the global energy transition. ‘By collaborating with a range of stakeholders, including international think tanks, the capacity of the parties will be enhanced,’ she said. In the same session, Pertamina Group also signed several other agreements, including the JSA CCS Ammonia between PT Pertamina (Persero), PT Pertamina Hulu Energi (PHE), Perusahaan Gas Negara (PGN), and PT Pupuk Indonesia. Then, the HoA CCS Asri Basin agreement between PHE and Exxon, and the MOU CCS in the Pertamina Working Area between PT Pertamina (Persero), PHE and ERIA. It should be noted that ERIA is an international think tank established in 2007 focusing on economic and policy dimensions in the ASEAN region and East Asia.

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