On 23 November, Indonesia President Joko Widodo participated in the groundbreaking for three upstream oil and gas projects, including the country’s first to include carbon capture and storage (CCS) technology in Ubadari offshore gas field in eastern West Papua province.
The Ubadari project has been classified as a national strategic project according to the Economy Regulation Number 21 of 2022 issued by Coordinating Minister for Economic Affairs Airlangga Hartoto.
Minister for Energy & Mineral Resources Arifin Tasrif, who also attended the ceremony, said Ubadari is a state-of-the-art CCS project that could hold up to 1.8 giga tons of CO2 trapped from the atmosphere. In the first phase, the project will inject around 30mn tons of CO2 into the reservoir, which will also help boost gas production.
The next project — also to be located in Papua — will use gas to produce low-carbon ammonia with a planned production of 875,000 tpy.
In our view, Udabari highlights the Indonesian government’s commitment to the energy transition and CCS technology. The groundbreaking comes on the heels of Jokowi’s recent inauguration of the country’s largest floating solar power plant in Cirata, West Java.
Learn More
Please complete the form below to talk with a Horizon Engage team member about Indonesia Country Insights and stakeholder mapping through Engage Interactive, a key to understanding the power brokers in the next administration.
About Horizon Engage
Horizon Engage provides country-level analysis on political, social and environmental issues that impact the investment climate for foreign direct investors. We’re changing the game for our clients by merging tech and geopolitical expertise in a whole new way. Let us be your eyes and ears so you can make decisions with confidence. Learn what we do.