Senior Vice President of Research and Technology Innovation for Pertamina Oki Muraza underscored this commitment at the B20 Sustainability Summit in New Delhi, India, on August 22-27, 2023.
According to Muraza, Pertamina’s operational decarbonization efforts are concentrated on the advancement of Carbon Capture Utilization and Storage (CCUS/CCS) technology and biofuel.
“With the help of CO2 injection technology, which was initially used at the Jatibarang Field in West Java, Pertamina has taken the initiative to install CCS or CCUS. Through CO2-EOR, this technique might increase oil and natural gas output while dramatically lowering greenhouse gas emissions,” he elaborated.
“Pertamina is committed to developing biorefineries or green refineries to produce more environmentally friendly fuels in addition to carbon capture and utilization technology to support the energy transition,” he remarked.
“These green refineries process renewable raw materials, such as palm oil (RBDPO) and used cooking oil (UCO),” he noted.
Muraza stated that Pertamina currently operates the Cilacap Bio-Refinery, Dumai Bio-Refinery, Plaju Bio-Refinery, and Cilacap Bio-Refinery, all of which produce Hydrotreated Vegetable Oil (HVO), Green Gasoline, Green Diesel, and Green AvturJ2 at the Cilacap Bio-Refinery.
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He noted that various raw resources, including waste from the palm oil industry, such as empty palm oil fruit bunches, are utilized.
“We also aim to implement bioethanol,” he noted.
Muraza pointed out that the COVID-19 pandemic and geopolitical unrest have substantially impacted the volatility of energy prices worldwide, supply constraints, security concerns, and economic uncertainty, thereby leading to a shift in the short-term priority of energy transition toward energy resilience.
He highlighted that while industrialized nations emphasize sustainability, developing nations prioritize energy security and affordability since they serve as the engines for economic expansion.
As a pioneer in energy transition, Pertamina is dedicated to advancing initiatives that directly contribute to attaining the Sustainable Development Goals (SDGs) and the Net Zero Emission 2060 target.
All these initiatives are in accordance with Pertamina’s implementation of Environmental, Social, and Governance (ESG) throughout all of its business lines and operations.
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