Vol. 4 October – December 2025 Acknowledgements This ASEAN CCS Updates 2025 Vol. 4 publication has benefitted from the overall guidance of ACE’s ExecutiveDirector, Dato' Ir. Ts. Razib Dawood, and Fossil Fuels, Hydrocarbon and Minerals (FOM) Department’s Head, This publication was led by Lintang Ambar Pramesti and Matthew Justin Lesmana. ACE colleagues,ShaniaEsmeralda Manaloe and Muhammad Anis Zhafran Al Anwary provided helpful reviews and feedback. Publication was supported by ACE Communications Team: Special recognition is extended to MuhammadBayu Pradana Effendy, Fadhiel Handira Ishaq, Firdaus Fadhlullah Designerindy, and Amara Zahra Djamil, from Highlights - Brunei Darussalam 29/10/2025Economic Diversification[EN]Summary ASEAN CCS UPDATES 2025 Highlights - Indonesia ITB and Samator Signed Memorandumof Understanding (MoU) Extending TheirPartnership to Accelerate CO Utilisation2 Indonesia Reopens International CarbonTrading with Presidential Regulation No.110/2025[EN][ID][ID] 10/10/2025 11/12/2025 Summary Summary PresidentPrabowoSubiantosignedPresidentialRegulationNo.110/2025 “ImplementationofCarbonEconomicValueInstrumentsandNationalGreenhouseGasEmissionControl”,formallyreopeningIndonesia’scarbonmarkettointernationalbuyersafterafour-year PTSamatorIndoGasTbkandInstitutTeknologiBandung(ITB),throughtheCenterofExcellenceforCCS/CCUSrenewedtheirstrategiccollaborationtoadvancecarboncapture,utilisation,andstorageinIndonesia,buildingonliquidCO infrastructure,applied ASEAN CCS UPDATES 2025 Highlights - Malaysia PETRONAS Receives Malaysia's FirstOffshore Assessment Permit for CarbonCapture and Storage Japan and Malaysia Sign MoC to AdvanceCross-Border Carbon Capture and 17/10/2025Storage CooperationSummary[EN] 10/11/2025 Summary JapanandMalaysiahavesignedaMemorandumofCooperation(MoC)toinitiatepolicy,technical,andinstitutionaldiscussionsaimed PETRONASCCSVentureshasbeengrantedexclusiverightsbyMalaysia'snewlyestablishedMyCCUSagencytoconductcomprehensiveoffshoregeologicalassessmentsovertheDuyong ASEAN CCS UPDATES 2025 Highlights - Philippines The Philippines and Japan Signed anMoC, Expanding Bilateral EnergyCooperation to Advance Low-Carbon Philippines Issues First Energy SectorGuidelines for Carbon Credit Generation Technologies, Including CCUS[EN] Summary Summary ThePhilippine’sDepartmentofEnergy (DOE)issuedDepartmentCircularNo.DC2025-09-0018,establishingthecountry’sfirstcomprehensiveframeworkforcarboncreditgeneration, ThePhilippines'sDOEandJapan'sMETIsignedanEnergyPartnershipMoCon17October2025thatexplicitlyincludesCCUSandotherkeyareastosupportthePhilippines’low-carbonenergy ASEAN CCS UPDATES 2025 YTL PowerSeraya Launches Dual Pre- andPost-Combustion Carbon Capture Studies forHydrogen-Ready Power Plant in Singapore[EN][EN] Summary YTLPowerSerayaisconductingSingapore’sfirstcombinedpre-andpost-combustioncarboncapturefeasibilitystudieswithAirLiquideandGEVernovafora600MWhydrogen-readyCCGT. ASEAN CCS UPDATES 2025 Highlights - Thailand Technip Energies Secures EngineeringContract for Thailand’s First CCS Projectat Arthit Field15/12/2025[EN] Japan's Mitsui Joins PTTEP to AdvanceThailand’s First CCS Project at the Arthit 22/10/2025Gas Field[EN] Summary Summary TechnipEnergieshasbeenawardedadetailedengineeringcontractforCCSprocessingandCO₂injectionfacilitiesatPTTEP’sArthitCCSprojectintheGulfofThailand,buildingonitscompleted Mitsui&Co.,throughitssubsidiaryMOECO,hasjoinedPTTEP’sArthitgasfieldCCSprojectintheGulfofThailand,inwhichMOECOparticipatesintheprojectviaitssubsidiaryMOECOThailandCo., ASEAN CCS UPDATES 2025 Highlights - Viet Nam Viet Nam and Japan Consortium Signs MoU toDevelop Full CCS Value Chain Under AZEC Framework Summary ENEOSXplora,JOGMEC,Petrovietnam,andNghiSon-2PowerhavesignedanMoUtojointlyadvanceaCCSprojectinVietnam,coveringCO₂capture,transport, ASEAN CCS UPDATES 2025 BruneiPositions Sustainable Methanol with CO Utilisationto Drive Energy Transition and Economic Diversification IndonesiaReopens International Carbon Tradingwith Presidential Regulation No. 110/2025 OnOctober10, 2025,PresidentPrabowoSubiantosignedPresidential Regulation (Peraturan Presiden) No.110 of 2025,titled“ImplementationofCarbonEconomicValueInstrumentsandNationalGreenhouseGasEmissionControl”,signalingIndonesia’s return to the global voluntary carbon market.ThisnewregulationimmediatelyreplacesPresidentialRegulationNo. 98of2021thathadhaltedcross-border carbonsales,effectivelyreopening Indonesia’s carbon market to foreign buyersafterafour-yearhiatus.TheregulationmayenableCCS/CCUSprojectstomonetisecapturedCO throughthecarbonmarket.2 What’s New? Resumption of International Trading:ReopensinternationalcarboncredittradingfromIndonesianprojects understricternationalandinternationallyrecognizedstandards,supportedbyareal-timenationalregistry(SRUK)toensuretransparencyandpreventdouble-counting. standards(e.g.Verra,GoldStandard,PlanVivo,GCC),allowinginternationallycertifiedprojectstooperate Deco