Thursday, February 7, 2013

Indonesia:

Indonesia to Boost Geothermal Focus (Jakarta Globe)

(Courtesy CIA.gov)
Amid growing calls for the government to prioritize domestic consumption of the country’s massive natural gas reserves, the Energy and Mineral Resources Minister Jero Wacik has announced that a relaxation over export restriction is possible should geothermal development gain pace.

Jero said that throughout his meetings with foreign oil and gas firms he always encouraged them to invest in geothermal development in the country. “I told them that we have a massive potential for other energy sources, and if these can be developed then our gas consumption would be reduced,” Jero said on Wednesday.

However, Jero added that such relaxation would only be provided for countries and companies with proven track records in geothermal development. He said that the government was still trying to increase domestic allocation in natural gas.

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