Indonesia To Build World’s Eco-Friendliest Hydrocarbon Storage Facility

Indonesian State Energy Company Pertamina will build a liquid hydrocarbon storage facility in northern Jakarta. “The new terminal will be called Jakarta Integrated Green Terminal and become the ‘greenest’ and most sustainable storage facility in the world,” said the Indonesian company in a statement.

The old terminal was completely destroyed earlier this year by a terrible fire that in a matter of hours spread to a nearby densely populated residential area. The fire claimed the lives of more than 30 people; hundreds of families fled and lost their homes.

After the incident, Pertamina faced intense pressure from the Indonesian public. As company spokesman Aremekka Firdaus told Reuters, “The managing of the new storage facility, which will be 100% environmentally friendly, is assigned to Pertamina International Shipping, the group’s logistics department, while the investment for the construction of the project’s first phase will be approximately $559 million.”

The new storage will be truly universal. In addition to “traditional” fuels such as gasoline and gas oil, it will be able to easily store liquefied natural gas (LNG), liquefied petroleum gases (LPG), biodiesel, refining vegetable oil, crude palm oil, and many other liquid petrochemical products. Finally, the Indonesian plant will be able to store a significant amount of hydrogen, the demand for which could increase significantly by 2030. Pertamina is Indonesia’s largest oil and gas company and one of the leading LNG exporters in Southeast Asia.

Pertamina has set itself the main goal of achieving the status of “Zero Emissions” of greenhouse gas by 2060 to curb global warming.

The new storage facility will be built on an area of 64 hectares in Kalibaru, north of Jakarta, with a storage capacity of 6 million barrels of liquid hydrocarbons. “The Kalibaru area is truly strategically positioned and has everything necessary to become a gateway to the global energy trading ecosystem through the Singapore-Indonesia corridor, which controls 30-35% of the world’s oil and LNG trade flows,” Pertamina representative concluded.