Pertamina Explores Strategic Cooperation Opportunities with the United States

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PT Pertamina through its subholding, Pertamina New and Renewable Energy, explored strategic cooperation opportunities at the Indonesia-United States Business Forum held at The Mayflower Hotel, Washington DC, United States (US), Monday (26/8). The Business Forum was held to commemorate 75 years of Indonesia-US bilateral relations.

The event was attended by Minister of Foreign Affairs Retno Marsudi, Under Secretary of Commerce for International Trade of The United States Marisa Lago, and a number of representatives of the US and Indonesian governments, as well as business actors from both countries.

Vice President of Corporate Communication of Pertamina Fadjar Djoko Santoso said that as a state-owned enterprise, Pertamina actively participated in the event held by the Indonesian Embassy in the United States. This is because it plays an important role in opening opportunities and encouraging Pertamina to become a world-class company.

“Pertamina is using this important moment to convey the company’s sustainability policy while opening up investment and collaboration opportunities with global partners, especially in the new and renewable energy development sector,” said Fadjar in a written statement, Wednesday (28/8).

Fadjar added that Pertamina’s sustainability policy is very open to being implemented with strong cooperation at the national and global levels.

“Indonesia has the potential for clean energy resources so it can attract international investors. Pertamina continues to convince the international community to support the energy transition program to accelerate the target Net Zero Emission (NZE) in 2060,” added Fadjar.

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Pertamina Pertamina New & Renewable Energy (PNRE) CEO John Anis who was a panelist in the business forum said, PNRE has a mandate to support the Indonesian government in achieving emission reduction targets, as well as to prepare future business for Pertamina. PNRE also has aspirations to become a leader in building the NZE ecosystem in Indonesia.

“PNRE allocates large Capex for the development of new renewable energy. By 2029, PNRE’s Capex will reach USD 6.2 billion,” said John Anis.

He revealed that 63% of Capex was allocated for the development of solar, wind and geothermal power. The remaining 18% was for the development of low-carbon solutions including decarbonization, then biomass and bioethanol 11% and the development of future businesses 6%.

“PNRE is committed to growing its business, therefore, we are open to opportunities to work with both domestic and international partners including the United States,” he said. (Z-11)

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