Login | Join Member | Subscription | Corporate Partnership

Indonesia’s new CCS rule allowing 30% carbon storage from overseas

EN
Add to Favorites

(Photo: Pertamina)

Indonesia has issued a presidential regulation regarding carbon capture and storage (CCS), allowing CCS operators to set aside 30% of their storage capacity for imported carbon dioxide.

The regulation, took effect on Jan. 31, stated that oil and gas contractors could use depleted reservoirs or aquifers within their blocks for CCS operations. The government has said that these operations have the potential to store at least 400 billion tons of CO2 equivalent.

Don't fall behind the market
Carbon prices, CBAM rules and energy policy shift weekly. Subscribe to unlock this article and all of RECCESSARY's market intelligence.
MONTHLY
US$9.90 /mo
Full flexibility — cancel anytime
Subscribe monthly
BEST VALUE · SAVE US$19.80
ANNUAL
US$8.25 /mo US$9.90
US$99 billed annually · 2 months free
Start your 14-day free trial
Unlimited article access Green power & carbon price data Members-only newsletter Report downloads
New readers enjoy a 14-day free trial · Already a member?
Related Topics
Thai, Chinese companies collaborate on Thailand’s first commercial green hydrogen project
PV panels help to cut cost by 30%: Vietnam’s shrimp farmer
Back

More Related News

TOP
Download request

Please fill out the form to download samples.

Name
Company
Job title
Company email
By using this site, you agree with our use of cookies.