ExxonMobil, BP drive Indonesia's growth into carbon capture hub

Country's massive storage capacity draws big projects from oil majors

20240603N BP CO2 storage

BP and other partners are building Indonesia's first carbon capture facility near this natural gas project in West Papua province. (BP)

TOMOYOSHI OSHIKIRI, Nikkei staff writer

JAKARTA -- Global oil majors such as ExxonMobil and BP are planning a series of carbon capture and storage projects in Indonesia, which aims to become the Southeast Asian hub for the emerging industry.

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