Pertamina NRE and PIS Collaboration for Green Hydrogen Transportation Business Expansion
Key Ideas
- Pertamina NRE and PIS have signed a collaboration to develop a transportation business focused on green hydrogen and sustainable fuels, leveraging Indonesia's strategic geographical position.
- The partnership aims to reduce transportation costs of hydrogen, boost efficiencies, and support the energy transition in the maritime sector, aligning with global projections for a surge in green hydrogen demand.
- PIS is committed to supporting the energy transition by providing transportation needs for distribution, terminals, and ports, emphasizing the Pertamina Group's collaboration to explore business potential without compromising competitiveness.
- The collaboration is part of Pertamina's efforts to expand its green energy portfolio, enhance sustainability initiatives, and contribute to achieving net zero emission goals through clean energy developments.
Pertamina New & Renewable Energy (Pertamina NRE) has partnered with PT Pertamina International Shipping (PIS) to develop a transportation business focusing on green hydrogen and sustainable fuels. The cooperation, signed in Jakarta, Indonesia, aims to capitalize on Indonesia's strategic geographical position for international shipping. According to CEO John Anies, Indonesia's location offers a significant opportunity for sustainable fuel business growth in the global maritime sector.
The partnership, reinforced by Bloomberg New Energy Finance's projections on green hydrogen demand, targets to cater to the shipping sector's increasing need for sustainable fuels. By reducing transportation costs through collaboration, the initiative seeks to enhance efficiencies and market competitiveness. PIS CEO Yoki Firnandi highlighted Pertamina Group's readiness to support the energy transition and expand renewable energy initiatives.
Apart from transportation aspects, the collaboration emphasizes the Pertamina Group's commitment to energy transition through projects like the Jakarta Integrated Green Terminal, poised for carbon storage facilities and LNG development. This partnership aligns with Pertamina's strategy to strengthen its green energy portfolio, promote environmental sustainability, and contribute to achieving net zero emissions.
Overall, the collaboration between Pertamina NRE and PIS signifies a positive step towards advancing green hydrogen transportation and sustainable energy solutions, underpinning environmental, social, and governance (ESG) aspects for sustainable development goals and net zero emission aspirations.
Topics
Green Hydrogen
Renewable Energy
Energy Transition
Partnership
Sustainable Fuels
Indonesia
Marine Logistics
Transportation Business
Pertamina Group
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