Tuesday, September 2, 2014

Indonesia:

Geothermal Operations to Give Greater Benefits to Locals (Jakarta Post)

The newly passed Geothermal Law in Indonesia is expected to provide a greater contribution to the local economy, although the central government will take back authority from local administrations to issue exploration rights to investors.

Under the law, passed by the House of Representatives last week, local administrations will no longer have the authority to issue the rights for the exploration and exploitation of geothermal resources in their areas.

The government is hoping to eliminate the complicated licensing procedures at the provincial level.

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