Japan and Indonesia partner for CCUS development

Japan and Indonesia partner for CCUS development

JAKARTA, February 21, 2022 – Marubeni Corporation has signed an MoU with Indonesian NOC Pertamina to develop decarbonisation projects, the Japanese trading and investment conglomerate announced on Thursday.

 

Projects will include using bioenergy with carbon capture, utilisation and storage at Marubeni Corporation’s pulp mill in Indonesia, producing biomass fuel and creating carbon credit.

The Indonesian government aims to be carbon neutral by 2060 through lowering greenhouse gas emissions by 30% from 2010 levels and adding 10.2 GW of renewable energy to the energy mix by 2026.

Read our latest insights on: