Friday, November 22, 2024

Pertamina and JOGMEC Collaborate to Address Methane Emissions for Energy Transition

Reading Time: 2 minutes
Audina Nur

Journalist

Editor

Interview

In a decisive move towards environmental sustainability, PT Pertamina (Persero) and the Japan Organization for Metals and Energy Security (JOGMEC) have announced a collaboration.

Both entities’ joint venture aims to evaluate and track methane emissions at natural gas extraction sites in Indonesia, underscoring their commitment to greener energy and reducing carbon footprints.

Measuring methane and carbon emission

Central to this partnership is the initiation of projects to measure methane emissions and gauge the carbon intensity of production activities.

This aims to formulate a robust system for managing methane emissions effectively. The pilot phase will be rolled out in Pertamina’s operations in Donggi Matindok and the Joint Operating Body Tomori (JOB Tomori) in Central Sulawesi Province.

The collaboration’s official Memorandum of Understanding (MoU) was inked by A. Salyadi Saputra, Pertamina’s Director of Strategy, Portfolio, and New Ventures, and Asawa Satoshi, JOGMEC’s Executive Vice President of the Energy Business Unit.

The landmark agreement was unveiled at the ASEAN-Japan Economic Co-Creation Forum, with subsequent deliberations at the ASEAN Methane Leadership Program held on December 16th.

Highlighting dangers of methane for the environment

Highlighting the pressing nature of the issue, Salyadi pointed out the alarming global warming potential of methane, which is 28 times greater than CO2.

“Accurate quantification of methane emissions is vital,” he remarked, underlining Pertamina’s ambition to align with global methane management standards and the pivotal role of partners like JOGMEC.

JOGMEC’s Satoshi echoed the sentiment, expressing optimism about enhancing the cleanliness of energy resources from the targeted Indonesian fields destined for Japan.

“This collaboration is a step forward in our carbon-neutral journey,” he affirmed. The MoU’s signing at the Asia Zero Emission Community (AZEC) Leaders Meeting underscores the shared commitment of both entities.

Further discussions at the AZEC platform, held on December 18th, saw Prime Ministers from AZEC partner nations delve into potential collaborative ventures.

Concurrently, the ASEAN-Japan Economic Co-Creation Forum deliberated on fostering meaningful AZEC projects, with a spotlight on decarbonization and energy transition initiatives.

Pertamina, standing as a vanguard in the energy sector’s transformation, is unwavering in its pursuit of the Net Zero Emission 2060 goal.

Their consistent advocacy for programs that resonate with the Sustainable Development Goals (SDGs) and the adherence to Environmental, Social & Governance (ESG) practices across their operations further underscores their dedication to a sustainable future.

Audina Nur

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

The Securities Crowdfunding (SCF) and Initial Public Offering (IPO) schemes are the two main instruments offered by the Indonesian capital market to support corporate funding, a senior official at the Indonesia Stock Exchange (IDX) has said.
Former Minister of Communication and Informatics (Kominfo), Budi Arie Setiadi, has alleged the presence of individuals linked to online gambling within the ministry before his tenure began.
Former Coordinating Minister for Political, Legal, and Security Affairs, Mahfud MD, has expressed concern over what he perceives as political undertones in the arrest of former Trade Minister Thomas Trikasih Lembong, known as Tom Lembong.
The Center of Economics and Law Studies (CELIOS) research institute revealed that the state budget (APBN) deficit has the potential to exceed the safe limit and could reach three percent in 2029 due to the free nutritious meal program (MBG).
The Center for Indonesia’s Strategic Development Initiatives (CISDI) says that the simultaneous Regional Head Elections (Pilkada) on Wednesday, November 27, 2024 can be a momentum to determine leaders who care about the impact of the climate crisis.
The Ministry of Communication and Digital (Komdigi) has identified a number of accounts in digital wallet applications, such as DANA, GoPay, LinkAja, OVO, Sakuku, and ShopeePay, that have been used for online gambling transactions.