Indonesia Sees Promising Growth Potential for Carbon Capture and Storage (CCS) Sector

Bisnis.com, JAKARTA — The outlook for Indonesia's carbon capture and storage (CCS) industry is becoming increasingly promising, following an investment commitment of $38 billion aimed at developing such facilities in the country.

The Indonesia Carbon Capture and Storage Center (ICCSC) has confirmed that several investors are prepared to step in, including ExxonMobil, which has shown interest in developing CCS infrastructure in the Java Sea area.