Pertamina International Shipping (PIS) and Karpowership have joined forces to explore and develop initiatives aimed at advancing the energy landscape in Indonesia.
As part of a signed general partnership agreement signed at COP28, the duo agreed to carry out extensive studies for the development of alternative fuel sources, such as hydrogen, ammonia, and other biofuels.
The duo will also assess power generation opportunities and hope to unlock gas assets through liquefaction with floating liquefied natural gas (FLNG) developments and deployment. Collaboration on other LNG infrastructure projects is also expected.
Nicke Widyawati, President and Director of PT Pertamina, said, “Collaboration is about exploring other business opportunities to optimise existing assets, such as floating mini-LNG and floating CNG facilities. We believe this development is the key to the energy transition because gas is a bridge to renewable energy.”
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