PGN commits to low-carbon future

PT PGN Tbk, Indonesia’s leading natural gas transportation and distribution company, has reaffirmed its commitment to a low-carbon future by focusing on new business ventures that prioritize carbon-neutral and environmentally friendly initiatives. Here are the key points regarding PGN’s strategy and goals:

Key Points:

1. Commitment to Low-Carbon Future:
   • PGN is dedicating resources to developing low-carbon and carbon-neutral business opportunities as part of its strategic shift.
   • The company is actively seeking partnerships to advance these low-carbon initiatives.
2. Support for International Cooperation:
   • PGN supports the 2024 Indonesia-Africa Forum (IAF) as a key platform for fostering international economic growth and cooperation in various sectors.
3. Role in Pertamina’s Global Expansion:
   • As a gas sub-holding company under PT Pertamina, PGN is positioned to support Pertamina’s global expansion efforts, particularly in natural gas and geothermal energy development.
   • Pertamina’s president director, Nicke Widyawati, emphasized the alignment of PGN’s efforts with the transition to greener and cleaner energy sources.
4. Decarbonization and Net-Zero Emissions:
   • PGN’s decarbonization roadmap aligns with the net-zero emission (NZE) targets set in the PGN and Pertamina NZE Road Map 2022–2060.
   • The company plans to adopt environmentally friendly technologies and focus on biomethane production from palm oil waste (POME), which helps in reducing methane and carbon emissions.
5. Biomethane and CO2 Transportation:
   • The biomethane project aims to address environmental concerns and meet customer demand for cleaner natural gas options.
   • PGN will be integral to Pertamina Group’s expansion into CO2 transportation, supporting the development of midstream infrastructure.
6. Infrastructure and Innovation:
   • With the longest gas pipeline infrastructure in Southeast Asia, PGN is ensuring an effective supply of natural gas across Indonesia.
   • The company is committed to optimizing natural gas usage during the transition to green energy and focusing on targeted investment planning, innovation, and technology adaptation.

Overall, PGN’s efforts are focused on advancing a sustainable energy future through strategic partnerships, innovative projects, and adherence to its NZE goals, while playing a critical role in Indonesia’s and Pertamina’s broader energy strategies.

Strategic Commitments and Initiatives:

1. Low-Carbon and Carbon-Neutral Focus:
   • PGN is actively pursuing new business ventures that prioritize low-carbon and carbon-neutral goals.
   • The company aims to adopt environmentally friendly technologies and practices in line with its net-zero emission (NZE) targets.
2. Partnerships and Collaborations:
   • PGN is seeking partnerships to advance its low-carbon initiatives and expand its role in the energy transition.
   • The company supports international platforms like the 2024 Indonesia-Africa Forum (IAF) to foster economic growth and cooperation.
3. Role in Pertamina’s Expansion:
   • As part of PT Pertamina’s gas sub-holding, PGN is involved in Pertamina’s efforts to grow its global presence, particularly in natural gas and geothermal energy sectors.
   • This aligns with Pertamina’s broader goals of transitioning to greener energy sources.
4. Decarbonization Roadmap:
   • PGN has a detailed decarbonization roadmap that supports its NZE 2060 vision, focusing on reducing carbon emissions and adopting clean technologies.
   • The roadmap includes the development of biomethane from palm oil waste (POME), which offers multiple environmental benefits.
5. Infrastructure Development:
   • PGN plans to develop infrastructure to support the transportation and utilization of CO2, contributing to Pertamina Group’s CO2 transportation business.
   • The company leverages its extensive gas pipeline network in Southeast Asia to ensure an efficient supply of natural gas and support green energy initiatives.
6. Biomethane Project:
   • PGN’s biomethane project is a key component of its strategy, aimed at reducing methane and carbon emissions while meeting the growing demand for cleaner natural gas.
7. Innovation and Investment:
   • PGN is committed to optimizing natural gas use and investing in innovations that support its low-carbon objectives.
   • The company is focused on targeted investment planning and adapting new technologies to enhance its business operations and environmental impact.

PGN’s commitment to a low-carbon future reflects its strategic vision of contributing to global sustainability while supporting Indonesia’s and Pertamina’s energy transition efforts.