Pertamina Starts Implementing Carbon Trading in 2025

By Editorial Team 15/12/2021
Summary

The Indonesian government plans to implement carbon trading in the oil and gas sector. PT Pertamina has started evaluating the impact of its implementation. Pertamina Upstream Subholding Corporate Secretary Arya Dwi Paramita said the carbon trading mechanism in the upstream oil and gas sector will commence in 2025, and the socialization will start immediately. "The company keeps making efforts to go Green through reducing carbon emissions," Arya told Katadata.co.id on Monday.

Besides carbon trading, the state-owned oil and gas holding also seeks to reduce carbon emissions through carbon capture, utilization, and storage-enhanced gas recovery (CCUS-EGR) projects in the Gundih Field and Sukowati Field. "Pertamina's Upstream Subholding keeps carrying out harmonious and sustainable operations, in line with the commitment to actively participate in efforts to reduce national carbon emissions," Arya said.

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