Carbon Storage Capacity In Indonesia Capai 577.6 Gigaton

JAKARTA - Minister of Energy and Mineral Resources (ESDM) Arifin Tasri revealed that Indonesia has a very large potential for Indonesia's CO2 storage capacity, reaching 577.6 gigatons, consisting of a potential seamine aquifer of 572.8 gigatons and a Depleted oil & gas of 4.8 gigatons.

All the potential for CO2 storage is spread from the west to the east of Indonesia.

"The potential for saline can be up to 570 gigatons, 500 billion tons to pay for CO2, then a little bit of depleted oil and gas, namely from sources of oil and gas that have been pumped, CO2 can be entered with a potential of around 4 gigatons," said Arifin, Tuesday, August 6.

Arifin ensured that Indonesia's potential to apply Carbon Capture and Storage and Carbon Capture Utilization and Storage (CCS/CCUS) would be utilized mostly for domestic needs.

"Later, we will prioritize the domestic CO2 capture before being used as a hub, so the regulations are 70-30, 70 percent for domestic," continued Arifin.

To provide a legal basis and certainty, Arifin said that the President had signed Presidential Regulation no. 14 of 2024 concerning the Implementation of Carbon Arrest and Storage Activities.

With one of the main substances, there is also a storage capacity for domestic, with a minimum of 70 percent of the total storage capacity and can be adjusted for national purposes.

In addition, in 2023 the Ministry of Energy and Mineral Resources has issued Minister of Energy and Mineral Resources Regulation Number 2 of 2023 concerning the Implementation of Carbon Arrest and Storage, as well as the Arrest, Utilization, and Storage of Carbon in Upstream Oil and Gas Business Activities.

By having this legal basis, making Indonesia one of the pioneer countries in Southeast Asia is at the forefront of making regulations regarding CCS/CCUS.

"Malaysia is not yet, Malaysia is only September. We have already done it, it's been about 6 months," concluded Arifin.