Pilot Carbon Capture and Storage Activity in the Natural Gas Processing Sector (ADB-49204-002)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
Countries
  • Indonesia
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 29, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Indonesia
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 2.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 2.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Oct 6, 2018

Disclosed by Bank Oct 3, 2016


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Project Description

A project preparatory technical assistance (PPTA) is required to finalize due diligence on technical and safeguard aspects of the project and to provide procurement-related support to the executing agency. A feasibility study for the pilot was prepared under TA 8407-INO: Planning a Pilot Carbon Capture and Storage Activity, which includes a detailed technical analysis and site suitability assessment, cost estimates and financial analysis, and a risk analysis. A draft initial environmental examination was also prepared in conjunction with the development of the feasibility study. Additional safeguards, procurement, and technical due diligence is being supported under TA 8714-REG: Promoting Carbon Capture and Storage in the People's Republic of China and Indonesia and a direct charge facility provided by the Carbon Capture and Storage Fund.

Investment Description
  • Asian Development Bank (ADB)

Carbon Capture and Storage Fund under the Clean Energy Financing Partnership Facility US$ 0.5 million

Carbon Capture and Storage Fund under the Clean Energy Financing Partnership Facility (Supplementary) US$ 1.80 million

Contact Information

Directorate General of Oil and Gas of the Ministry of Energy and Mineral Resources (MEMR)
Migas Plaza Building Centris
Jl. H.R Rasuna Said Kav. B-5 Central
Jakarta 12910 Indonesia

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main