Pertamina, Chevron explores partnership for green hydrogen using geothermal
PT Pertamina and Chevron are exploring a joint study of green hydrogen and ammonia production in potential geothermal projects in Sumatra, Indonesia.
PT Pertamina is exploring cooperation with Chevron Corporation to participate in the development of downstream products from potential geothermal projects in Sumatra, Indonesia The downstream products being targeted include the production of green hydrogen and green ammonia.
“How do we take advantage of the resources and capabilities they have in Indonesia, because Chevron is already out of Indonesia. Now, we want to bring them back.” said Director of Strategic Planning and Business Development of PT Pertamina Power Indonesia (PPI) Fadli Rahman. Chevron had previously sold their geothermal assets in Indonesia to Star Energy and Philippine-based Ayala Corp.
PT Pertamina is considering doing a joint study with Chevron to evaluate the potential of geothermal derivatives in a number of potential geothermal sites in Sumatra. Later on, Pertamina is also planning to cooperate with Singapore-based energy company Keppel Corporation for the production of green hydrogen and ammonia. The joint study is targeted to be completed this year and further cooperation will be implemented thereafter.
Pertamina had previously formed a number of consortiums with other energy companies to work on the potential of blue hydrogen and ammonia from future CCUS-equipped fields. These companies include Tokyo Electric Power Company, IGNIS Energy Holdings, Sembcorp Industries, Mitsubishi Corporation, and PT Krakatau Steel. The plan is for Pertamina to evaluate the potential of hydrogen and ammonia in five different projects through the consortiums.
“The five projects are a combination of green and blue hydrogen and ammonia,” said Fadli.
Earlier this year, PT Pertamina Geothermal President and Director Ahmad Yuniarto announced that the company is targeting utilization of geothermal energy for other purposes including green hydrogen, CO2 processing, extraction of rare metals, agriculture, and tourism.