BP, ITB collaborate to advance CCUS research in Indonesia
Energy major BP and Bandung Institute of Technology (ITB) have signed an agreement to advance research and development in carbon capture, utilisation, and storage (CCUS) in Indonesia, BP announced on July 31.
The agreement includes feasibility studies aimed at supporting the Tangguh CCUS project and developing the Tangguh CCS hub, building on a memorandum of understanding signed by both parties in October 2023.
In addition to the feasibility studies, the agreement outlines scholarships that Tangguh will provide for ITB Master's and Ph.D. students, as well as support for infrastructure at the ITB Centre of Excellence for CCS and CCUS. The agreement is set for a term of six years from the date of signing, with the possibility of extension by mutual agreement.
The initial phase of the Tangguh CCUS project has the potential to inject more than 30mn tonnes of CO2 back into the reservoir. With an ultimate CO2 storage capacity of about 1.8 gigatonnes, Tangguh aims to become a regional CCS hub, supporting net-zero ambitions for both Indonesia and the Asia Pacific region, BP stated.
Tangguh is Indonesia's largest natural gas producer, with an average LNG production of 2.1bn ft3/day, accounting for about one-third of the nation's gas production. Tangguh supplies an average of 60 LNG cargoes/year to the domestic market through a sales contract with utility PLN.
BP operates Tangguh LNG with a 40.22% participating interest, alongside partners MI Berau (16.30%), CNOOC (13.90%), Nippon Oil Exploration (12.23%), KG Berau Petroleum (8.56%), KG Wiriagar Petroleum (1.44%), and Indonesia Natural Gas Resources Muturi (7.35%).