The Governments of Indonesia and Japan have signed a memorandum of coordination (MoC) to strengthen cooperation in the energy sector. The agreement was signed by the Ministry of Energy and Mineral Resources (ESDM) of Indonesia and the Ministry of Economy, Trade and Industry (METI) of Japan.
The MoC aims to enhance collaboration on energy transition, renewable energy (RE) technologies, energy efficiency, and projects like hydrogen and ammonia development, carbon recycling, and carbon capture and storage (CCS/CCUS).
Additionally, the partnership also focuses on improving energy security and promoting joint projects, investment, and technology exchange between the two nations. An Energy Forum will be established to facilitate discussions and report on the progress of the MoC to ministerial-level meetings.