PT Pertamina (Persero) has reaffirmed its commitment to leading the development of the carbon capture and storage (CCS) and carbon capture, utilization, and storage (CCUS) ecosystem in Indonesia. The strategic move is a key part of the company’s Dual Growth Strategy to support the achievement of Net Zero Emissions (NZE) by 2060 or earlier, while aligning with the Asta Cita agenda of the President of the Republic of Indonesia.
Pertamina’s Director of Portfolio Strategy and Business Development (SPPU), Emma Sri Martini, said the company is adapting to and responding to global geopolitical dynamics, climate change, and technological disruption through its Long-Term Corporate Plan (RJPP).
“People around the world are striving to preserve the planet while extending the business life cycle of fossil fuels. Through the Dual Growth Strategy, Pertamina is focusing on two main pillars: maximizing its core or legacy business while building a low-carbon business,” Emma said in her keynote speech at the International Indonesia CCS Forum (IICCS Forum) 2026, held on August 26–27, 2026, in Jakarta, as reported on Friday, August 28, 2026.
Emma explained that the first pillar of Pertamina’s Dual Growth Strategy focuses on strengthening its core business by increasing upstream oil and gas production and lifting, including the application of CCUS or CO₂ enhanced oil recovery (CO₂ EOR) technology to boost upstream production. It also includes 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 supply chain and shipping operations.
The second pillar focuses on developing low-carbon businesses to strengthen national energy resilience and industrial downstreaming, in line with Asta Cita priorities No. 2 and 5. These efforts include 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 one-third of Indonesia’s national geothermal reserves, and developing the carbon ecosystem, including CCS/CCUS and carbon trading.
Furthermore, Emma said Pertamina’s integrated business operations give the company a significant role across the CCS value chain, from emissions sources and carbon capture to liquefaction, marine transportation, storage injection, and carbon monetization.
Pertamina has currently identified around 13 CCS/CCUS study locations across Sumatra, Java, Kalimantan, and Sulawesi, with a potential CO₂ storage capacity of up to 7.3 gigatons (Gt). One of the key projects under development is the Asri Basin CCS Hub, which has potential storage capacity of up to 2.9 Gt for both domestic and regional emissions.
“CCS is one of the key pillars of operational decarbonization and the expansion of Pertamina’s low-carbon portfolio. To reduce the unit cost of CCS, we are applying a shared-infrastructure concept through regional hubs, allowing carbon emitters to share storage facilities,” Emma explained.
Pertamina’s Vice President of Corporate Communication, Muhammad Baron, said the development of CCS/CCUS is part of the company’s efforts to build a low-carbon business by leveraging the integrated capabilities of the Pertamina Group from upstream to downstream operations.
“With its significant carbon storage potential, Indonesia has an opportunity to become one of the region’s CCS development hubs. Pertamina continues to promote collaboration with the government, industry, and strategic partners so that this potential can generate added value for Indonesia while supporting decarbonization targets,” Baron said.
To accelerate the development of an economically viable CCS ecosystem, Pertamina emphasized the importance of cross-industry collaboration, certainty around project financing schemes, and regulatory support. This includes domestic regulations, fiscal incentives, streamlined permitting, and alignment of bilateral standards between countries, including Measurement, Reporting, and Verification (MRV) systems, to facilitate cross-border carbon transfers.
