Pertamina plans to dominate ASEAN energy by improving connectivity and sustainability

Jakarta—PT Pertamina (Persero) emphasized its commitment to strengthening energy hegemony in the ASEAN region through two main strategies. President Director of Pertamina Nicke Widyawati revealed this at the ASEAN Council on Petroleum (ASCOPE) Mid-Year Task Force Meeting 2024 in Bali, which took place from May 27 to 30, 2024.

Nicke Widyawati, a member of the Indonesian ASCOPE Council, stated in an official statement Wednesday, May 29, that Pertamina supports the implementation of the ASEAN Plan of Action for Energy Cooperation (APAEC) Post-2025 Development in line with the ASEAN Community Vision 2045. “Pertamina presents two proposed outcome-based strategies,” she said.

The first strategy proposed by Pertamina is to advance the connectivity of the Trans-ASEAN Gas Pipeline (TAGP). Pertamina encourages improved gas/LNG accessibility and connectivity through physical and virtual pipelines and regasification terminals.

Pertamina also proposes an extension of the MoU between countries until 2034, covering more infrastructure, including virtual pipeline infrastructure. This aims to improve connectivity and accessibility in the ASEAN region.

The second strategy enhances energy security, affordability, and sustainability through four action plans. These action plans include regional oil and gas resource mapping, upstream development with low-carbon technology, increased use of diversified energy sources, and establishing the ASEAN Center of Excellence for Oil, Gas, and Bioenergy.

Widyawati emphasised the importance of regional collaboration in achieving shared energy goals. “Through collective action and innovative solutions, we can strengthen energy infrastructure and resilience, ensuring a secure and sustainable energy future in the ASEAN region,” she said.

The ASCOPE meeting was also attended by various member countries who presented their energy business development plans to support APAEC. Tran Hong Nam, ASCOPE Secretary In Charge from Vietnam, appreciated the collaborative discussion. “This forum is strategically important to address the various challenges facing the energy sector in ASEAN,” Tran explained.

Pertamina said as a leader in the energy transition, they are committed to supporting the Net Zero Emission 2060 target and achieving the Sustainable Development Goals (SDGs) through implementing Environmental, Social & Governance (ESG) in all lines of business and operations. (Hartatik)

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