Carbon Aceh, PEMA to Work on Arun CCS Project
Indonesia's giant Arun field, which previously fed one of the world's first LNG export plants, could be repurposed as potentially the first commercial carbon capture and storage (CCS) business in Asia offering open access storage of carbon dioxide (CO2). Singapore's Carbon Aceh Pte Ltd and Indonesia's Pembangunan Aceh (PEMA), owned by Aceh's regional government, have created a joint venture called PEMA Aceh Carbon (PEMA Aceh) designed to evaluate and redevelop the depleted Arun gas field in Aceh province for CCS.
"The Arun CCS project is expected to be operational by 2029 and could be the first commercial CCS business in Asia offering open access storage of CO2. Preliminary studies by Carbon Aceh indicate that Arun has the potential to sequester in excess of 1 billion metric tons of CO2 or almost three times Australia's annual CO2 emissions, making it one of the largest CCS projects in the world," Carbon Aceh said, as quoted by Energy Voice.