New Implementing Regulation on Licence Based Carbon Capture and Storage

January 2025

On 20 December 2024, MEMR issued the long-awaited Minister of Energy and Mineral Resources Regulation No. 16 of 2024 on Implementation of Carbon Storage Activities in Carbon Storage Licence Area for CCS (“MEMR 16 / 2024”) regulating carbon capture and storage (“CCS”) activities conducted under the new licensing scheme introduced by Presidential Regulation No. 14 of 2024 on Implementation of CCS Activities (“PR 14 / 2024”).

By the issuance of MEMR 16 / 2024, the legal basis for two different schemes of CCS activities is now implemented.