News
2 min read
• May 15, 2025Indonesia’s “and” solution for the energy transition
- Carbon capture and storage (CCS) supports industry continuing to grow while reducing emissions.
- Indonesia is well positioned to take advantage of the growing need for CCS.
- Indonesia’s policy on CCS is helping to accelerate the industry.
News
2 min read
• May 15, 2025Navigate to::
Hariadi Budiman
Commercial & Business Development Director, ExxonMobil Low Carbon Solutions Indonesia
In his 20 years working in the energy industry, Hariadi Budiman, commercial & business development director at ExxonMobil Low Carbon Solutions Indonesia, has seen a lot of change and says the industry is now undergoing one of its largest ever.
He says this big change is the energy transition, as the world seeks to reduce emissions while still providing reliable energy that can meet the growing needs of people.
Overcoming this challenge in Asia Pacific is part of ExxonMobil’s “and” equation.
The “and” equation
“Energy demand will continue to rise in Asia Pacific in the coming decades,” Hariadi explains.
“So, to ensure energy security, oil and gas are still needed to help meet energy demands, while lower-carbon fuels and other technologies help reduce emissions.”
He says a range of solutions will be needed to keep Asia Pacific and the economy growing, and carbon capture and storage (CCS) can play a major part of this “and” solution, to help emissions fall even as the region’s prosperity and population rises.
"CCS is a critical component in the energy transition towards a more sustainable energy sector in Indonesia and Southeast Asia.
Technologies like CCS help address the challenge of meeting energy demand while mitigating the risks of climate change."
This is because CCS can significantly reduce greenhouse gas emissions from hard-to-abate sectors.
This includes power generation and industrial manufacturing, such as steel and cement production. All essential for driving economic growth and raising living standards in Asia Pacific.
Hariadi speaking at the 2024 CCS forum
“We’re already taking steps forward in Indonesia to provide this solution,” he says,
“We see Indonesia as a potential leader in the CCS industry due to its mix of the right geology, skills, and policy.”
ExxonMobil is already working with Pertamina to develop a potential regional CCS hub to help emitters reduce their emissions, exploring the Asri Basin for its potential to store gigatonnes of captured CO2.
Hariadi says Indonesia’s government is also helping to accelerate progress with smarter policy solutions.
He pointed to the Presidential regulation as a key and first step for the development and deployment of CCS technology in Indonesia, saying it provides some clarity for CCS.
Following that, the recently approved Ministerial Regulation also offers guidelines to position Indonesia ahead of other countries in the region regarding CCS regulation and supporting the country's Net Zero Emission targets without compromising economic growth.
“These regulations put us ahead of other countries in the region in terms of CCS policy,” he says.
Indonesia is putting itself at the front of the growing CCS industry in Asia Pacific, as it helps pave the way for a solution that can support the region’s development while reducing emissions.
ExxonMobil in Indonesia
Explore more
Carbon capture and storage: Indonesia's winning opportunity
News
•
4 min read
• April 11, 2025Carbon capture - A transformative business for Indonesia
News
•
3 min read
• April 3, 2025Indonesia's great CCS opportunity
News
•
3 min read
• Oct. 11, 2024Scale, storage and skills: Indonesia’s CCS difference
News
•
2 min read
• May 30, 2024What could an Indonesian CCS hub look like?
News
•
2 min read
• May 13, 2024