Pertamina, Keppel Infrastructure and Chevron Signs Research Agreement to Develop Green Hydrogen and Ammonia Project in Indonesia

Pertamina Power Indonesia, Keppel Infrastructure, Chevron Corporation is a joint research exploring the development of certain green hydrogen and green ammonia projects using renewable energy, primarily in Sumatra, Indonesia. They have signed the agreement.

The signing of the JSA took place at the Business 20 (B20) Investment Forum held in conjunction with the B20 Summit in Bali. The B20 is the official G20 engagement group representing the global business community. 

The JSA intends to explore the feasibility of developing a green hydrogen facility with the capacity to produce at least 40,000 tonnes per annum using 250-400 megawatts of geothermal energy in the initial phase. 

The hydrogen production facility has the potential to be scaled up from up to 80,000 to 160,000 tonnes per year, depending on geothermal energy availability and market demand.

Pertamina NRE CEO Dannif Danusaputro said: “The development of green hydrogen and green ammonia has an important role in Indonesia's net-zero emissions roadmap. Given its potential, Indonesia will also play a major role in green hydrogen production in Asia. We are very excited about this strategic collaboration, knowing that Keppel and Chevron are established companies who share our vision for the energy transition.”

Cindy Lim, CEO of Keppel Infrastructure, said: “Indonesia is a country with enormous resources and tremendous potential for renewable low-carbon energy. We are pleased to partner with industry leaders Pertamina and Chevron. Exploring first-time use of geothermal energy and other renewable energy to develop ammonia projects, support energy transition activities in Indonesia, and promote investment in green energy supply chains in the region. In line with Keppel's Vision 2030, which places sustainability at the heart of its strategy, the collaboration will broaden Keppel Infrastructure's geographic presence and contribute to the global commitment to net zero and the value derived from its energy transition. We aim to create and acquire more of

Austin Knight, Vice President, Hydrogen, Chevron New Energies, said: “We have a long history of working in Indonesia and with Pertamina and our growing relationship with Keppel Infrastructure. We look forward to leveraging our collective strengths.Chevron's strength has always been in solving the big and complex energy challenges, and building a low-carbon future is our motivation. As part of this effort, we will work together to find new and innovative ways to generate and deliver ever-cleaner energy to our growing world. I have to."