#Energy
First commercial biogas plant in Indonesia begins operation
Indonesia achieved a significant milestone in renewable energy as the first commercial BioCNG (Compressed Natural Gas) or Biomethane plant officially commenced operations on January 22, 2024. Located in Blangkahan POM, Desa Blangkahan, Kecamatan Kuala, Langkat Regency, North Sumatra, the plant is constructed by PT KIS Biofuel Indonesia.
SKK Migas targets US$ 1.8 billion exploration investment in 2024
Indonesia's upstream oil and gas regulatory task force, SKK Migas, is eyeing a substantial boost in exploration investments, targeting US$ 1.8 billion in 2024, equivalent to around IDR 28 trillion.
Awaiting Luhut's expertise to realize nuclear power plants in Indonesia
The establishment of the Nuclear Energy Program Implementation Organization (NEPIO) to accelerate the development of nuclear power plants (PLTN) in Indonesia is awaiting approval from President Joko Widodo (Jokowi), a senior official said, Djoko Siswanto, Secretary-General of the National Energy Council (DEN), stated that the formation of NEPIO is a requirement from the International Atomic Energy Agency (IAEA) for Indonesia to develop PLTN.
Pertamina and Toyota to develop hydrogen ecosystem in Indonesia
Pertamina New & Renewable Energy (Pertamina NRE) and Toyota have joined forces to develop a hydrogen ecosystem for vehicle fuel in Indonesia.
Negotiation on Vale Indonesia's divestment share price ongoing
Director of Mineral and Coal Program Development at the Energy and Mineral Resources Ministry, Tri Winarno, says negotiation for PT Vale Indonesia’s divestment share price is ongoing, with the company currently offering the price and providing room for negotiation.
Strategic status granted to Malaysia's Taipan gas project in West Papua
The gas project managed by Genting Oil Kasuri Pte Ltd (GOKPL) in the Kasuri Block, West Papua, has officially obtained national strategic project (PSN) status earlier this year.
Indonesia discovers large gas deposits in Andaman waters
Indonesia has made a great discovery of gas deposits in Andaman waters, Aceh province, following the first discovery of 5.6 Trillion Cubic Feet (TCF) of gas and condensate and the latest discovery of found 6 TCF.
Chandra Asri builds EV Battery Raw Material Plant, Invests Rp12.45 Trillion
PT Chandra Asri Pacific Tbk. (TPIA) is set to construct a Chlor Alkali-Ethylene Dichloride (CA-EDC) plant that will produce a key raw material for electric vehicle (EV) battery pack components – caustic soda, totaling 400,000 tons per year. The construction of this new plant is scheduled to begin in early 2024, with Chandra Asri allocating US$800 million or approximately Rp12.45 trillion for the project, which is expected to take 28 months.
Indonesia struggles to achieve 2025 energy mix target
Minister of Energy and Mineral Resource Arifin Tasrif says Indonesia’s energy mix program has not increased significantly in 2023 that Indonesia needs to strive to get close to the target of 23 percent energy mix in 2025. Energy mix program is meant to reduce the use of fossil fuel based energy and increase the use of renewable energy.
Indonesia discovers lithium deposit in Central Java
The Geological Agency of the Ministry of Energy and Mineral Resources (ESDM) has confirmed the discovery of a 'rare treasure' in the form of lithium as previously claimed by Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan.
Suboptimal gas absorption affects production at JTB gas field
PT Pertamina EP Cepu, a subsidiary of oil and gas giant Pertamina, has revealed that it has to decrease production at the Jambaran Tiung Biru (JTB) gas field in Bojonegoro, East Java. Endro Hartanto, CEO of Pertamina EP Cepu, said the decision to cut production at JTB gas field was due to the limited absorption capacity of several contracted buyers.
JTB gas production faces constraints as buyer uptake remains suboptimal
The gas production from the national strategic project (PSN) Jambaran Tiung Biru (JTB) is currently hovering around 110 million standard cubic feet of gas (MMscfd), significantly below its production capacity of 192 MMscfd. Endro Hartanto, CEO of Pertamina EP Cepu, revealed that the company had to curtail production from the JTB field due to limited buyer capacity.