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Pertamina and Eni sign MOU for circular economy projects, including construction of joint biorefinery in Indonesia

By Mary Page Bailey |

Pertamina

The President of Pertamina, Nicke Widyawati, and Eni CEO, Claudio Descalzi

The President Director of Pertamina, the state-owned National Oil & Gas Company of Indonesia, Nicke Widyawati, and Claudio Descalzi, CEO of Eni S.p.A. (Roma, Italy; www.eni.com), signed a Memorandum of Understanding (MOU) to investigate synergies of their respective technologies, expertise and know-how, for jointly evaluating new collaboration opportunities in the areas of circular economy, driver for strategic development for Eni and its subsidiaries Syndial (Environment) and Versalis (Chemicals). The parties are willing to discuss collaboration opportunities in low carbon products and renewable energies development.

In particular, Eni and Pertamina agreed to explore opportunities and discuss collaboration in waste transformation processes and biomass valorization processes, also leveraging Eni proprietary technologies such as Waste to fuel, Waste to hydrogen, Sewage sludge conversion into biomethane production by anaerobic digestion, Advanced biofuels from biomass, Chemicals from biomass.

Furthermore, Eni and Pertamina agreed to explore and discuss collaboration in the field of recycle and re-use, including water treatment and re-use processes and polymer recycling technologies, also pursuing eco-design processes to maximize final products recycle. The Memorandum of Understanding also includes opportunities for collaboration in the research and technology development for waste valorization, CO2 biofixaton and its re-use for sustainable mobility.

Finally, Eni and Pertamina will discuss cooperation and business opportunities both in Indonesia and internationally in renewable projects.

Eni and Pertamina have also signed a Heads of Agreement for a Joint Venture aiming at the construction of an add-on grassroots biorefinery in Indonesia. In the context of this partnership, key terms of a Processing Agreement in Italian refineries have also been signed.

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