Indonesia Regulates CCS and CCUS
27 March 2023
The Ministry of Energy and Mineral Resources (MEMR) of Indonesia has recently issued MEMR Regulation No. 2 of 2023 on the Organization of Carbon Capture and Storage (CCS) and Carbon Capture, Utilization and Storage (CCUS) for Upstream Oil-and-Gas Business Activities (MEMR 2/2023).
This regulation fits within the broader framework of recent regulations issued by the Government of Indonesia to lay the ground for the country's energy transition and the fulfilment of its international commitments under the Paris Agreement and other instruments.
In this article, our Indonesia and international team provide an overview of the coverage and key principles of MEMR 2/2023 and how it compares with efforts to kickstart CCS and CCUS utilisation in other jurisdictions to mitigate CO2 emissions in certain "hard-to-abate" sectors.
Authors: Frédéric Draps, Partner; Jeff Lynn, Partner; Philip Vernon, Partner; Jessica Davies, Partner; Luke Robottom, Partner; Alfred Ng, Partner; Dan Trevanion, Associate; Rachelia Jumanti, Trainee Associate
