Pertamina Ready to Lead Development of Carbon Capture Storage Ecosystem in Indonesia

PT Pertamina (Persero) has affirmed its commitment to lead the development of the carbon capture and storage (CCS) and carbon capture, utilisation, and storage (CCUS) ecosystem in Indonesia. This strategic move is a central part of the company’s Dual Growth Strategy to support the achievement of Net Zero Emission (NZE) by 2060 or sooner, while aligning with the Asta Cita agenda of the President of the Republic of Indonesia.

Director of Strategy, Portfolio and Business Development (SPPU) of PT Pertamina (Persero), Emma Sri Martini, said that Pertamina is adapting and responding to global geopolitical dynamics, climate change, and technological disruption in the company’s Long-Term Plan (RJPP).

“Currently, the global community is striving to preserve the earth while extending the life cycle of the fossil fuel business. Through the Dual Growth Strategy, Pertamina divides its focus into two main pillars by maximising the legacy business and building a low carbon business,” said Emma during her keynote speech at the International Indonesia CCS Forum (IICCS Forum) 2026 held on 26–27 August 2026 in Jakarta.

Emma explained that the first pillar of Pertamina’s Dual Growth Strategy focuses on strengthening the core business through increasing upstream oil and gas production and lifting, including the application of CCUS or CO2 EOR technology to boost upstream production; revamping and increasing the flexibility of six refineries; transforming the fuel and retail business to anticipate the electric vehicle (EV) era; and strengthening the gas and shipping supply chain.

The second pillar focuses on developing low-carbon businesses to strengthen national energy security and downstream industry as stipulated in Asta Cita numbers 2 and 5. This includes expanding biofuels such as B50 biodiesel, developing Sustainable Aviation Fuel (SAF) and bioethanol, expanding geothermal capacity through PT Pertamina Geothermal Energy (PGE), which controls nearly a third of national reserves, and developing the carbon ecosystem, including CCS/CCUS and carbon trading.

Furthermore, Emma said that Pertamina’s business integration gives the company a significant role across the entire CCS value chain, from emission sources, capture, liquefaction, marine transportation, to storage injection and carbon monetisation.