Singapore plans to export carbon to Indonesia
Indonesia eyes carbon imports from Singapore
Countries work together on cross-border projects as Indonesia positions itself as Asian storage hub
Indonesia has signed a letter of intent to collaborate with Singapore on cross-border CCS projects, highlighting its ambition to create a regional carbon storage hub. A working group comprising Singaporean and Indonesian government officials will work towards a legally binding bilateral agreement that will enable the cross-border transport and storage of CO₂ between Singapore and Indonesia. The tie-up with Singapore is the first with an international partner since Indonesia issued new CCS regulations in January, allowing operators to set aside 30% of storage capacity for imported CO₂. “The initiative positions Indonesia as a key player in the Southeast Asian CCS landscape” Mahardi, dep
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