The cooperation between Augustus Global Investment and Indonesia marks the first green hydrogen production investment in ASEAN. The hope is that this collaboration can support interconnectivity between countries in ASEAN.
Please note that this article was automatically translated using Microsoft Azure AI, Open AI, and Google Translation AI. We cannot ensure that the entire content is translated accurately. If you spot any errors or inconsistencies, contact us atThe following article was translated using both Microsoft Azure Open AI and Google Translation AI. The original article can be found in
Plan for the construction of green hydrogen production facility is set to be in Lhokseumawe, Aceh, and will commence in 2024 with an estimated duration of two years. Subsequently, green hydrogen and green ammonia production will commence in 2026. Indonesia's hydrogen consumption currently stands at around 1.75 million tons per year. This indicates that there has been production and management of hydrogen previously carried out by Pupuk Indonesia. Specifically, its utilization is dominated by urea, ammonia, and oil refining.Activity of one of PT Pertamina International Shipping boats, a Sub Holding Integrated Marine Logistics Pertamina.
Government commitment and access to new renewable energies, such as geothermal, solar power, and wind are relatively easy. In addition, bureaucracy also supports investment, making it profitable for investors to inject their capital.The CEO of Augustus Global Investment, Fadi Krikor, answered questions from several journalists at the Ministry of Energy and Mineral Resources building in Jakarta, on Monday .
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