BP unveils up to $3bn CCUS project in Indonesia, country's first

Carbon capture, utilization and storage aids in achieving zero carbon emissions

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BP says Indonesia's first carbon capture, utilization and storage project is targeted for completion in 2026 or 2027. © Reuters

ERWIDA MAULIA, Nikkei staff writer

JAKARTA -- Oil and gas giant BP has announced a plan for Indonesia's first carbon capture, utilization and storage (CCUS) project, with an estimated cost of between $2 billion and $3 billion.

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