Jakarta—Pertamina New & Renewable Energy (Pertamina NRE) and PT Pertamina International Shipping (PIS) have entered into a strategic partnership to improve the efficiency of renewable energy transportation, especially the transportation of green hydrogen and other sustainable fuels. This collaboration is expected to reduce hydrogen transportation costs, which are one of the main components of the overall cost of such fuels.
On Thursday, October 17, John Anis, CEO of Pertamina NRE, explained that this collaboration is driven by Indonesia’s strategic geographical location in international shipping lanes, which provides a great opportunity for the development of renewable energy businesses, especially in the maritime sector.
“With Indonesia’s strategic position on the world’s shipping lanes, we have a great opportunity to play an important role in the distribution of sustainable fuels in the global maritime sector,” John said.
Projections from Bloomberg New Energy Finance (BNEF) show that global demand for green hydrogen will experience a significant surge in the coming years. The shipping sector alone is expected to require around 6 million tons of green hydrogen annually by 2028, mainly in methanol, as energy storage.
Pertamina NRE has conducted a feasibility study related to hydrogen transportation using ammonia and methanol. The study showed that transportation costs account for a large portion of the global market’s landed cost of hydrogen (LCOH). Therefore, this collaboration between Pertamina NRE and PIS is expected to reduce these costs and create further efficiency.
Meanwhile, PIS CEO Yoki Firnandi stated that as part of the Pertamina Group, PIS has an important role in supporting renewable energy development in Indonesia. “Collaboration between Pertamina entities is needed to work on all the potential of this new business without reducing competitiveness. PIS is ready to support transportation needs for distribution to terminal and port development,” Yoki explained.
In addition to working on the hydrogen transportation business, PIS is also developing the Jakarta Integrated Green Terminal project. The terminal is designed to support energy transition infrastructure, such as carbon storage facilities, LNG, bioethanol, ammonia, and hydrogen. “This will be a multifunctional facility that supports Pertamina’s various green energy needs in the future,” Yoki added.
This collaboration is expected to strengthen Pertamina’s steps in expanding its renewable energy portfolio and supporting energy transition efforts towards cleaner sources. With this step, Pertamina seeks to optimise global market potential while supporting environmental sustainability, especially in the shipping sector, which is increasingly dependent on sustainable fuels. (Hartatik)