Thursday, January 7, 2016

Indonesia: Government to Step In to Solve Kamojang Steam Pricing Impasse

Govt to solve PLN-Pertamina geothermal dispute (Jakarta Post)

The Indonesian State-Owned Enterprises (SOE) Ministry has pledged to solve the running disagreement between two state-owned companies, PT Pertamina and PT Perusahaan Listrik Negara (PLN), over steam pricing at plants in Kamojang, West Java.

SOE Ministry deputy of energy, logistics, zones and tourism Edwin Hidayat Abdullah said that he had spoken with PLN and Pertamina Geothermal Energy (PGE), a Pertamina subsidiary that supplies steam-based electricity to PLN’s grid.

Both companies reached an impasse in steam price negotiations to renew the electricity purchase deal from PGE's Kamojang plants. Kamojang geothermal wells supply steam to a 140 megawatt power plant owned by PLN.

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