Friday, December 20, 2013

Chile:

El Tatio Geothermal Project Cancelled (BNamericas)

El Tatio geyser field
The El Tatio geothermal project has been cancelled due to Geotermica del Norte's failure to comply with project safety requirements. The developer has been fined US$384,000 by region II's environmental watchdog Corema.

The company said it would withdraw drilling rigs from the area within three months and indefinitely suspend geothermal exploration at the site.

The geothermal energy extraction project was being developed by the GDN JV of Codelco, state oil company Enap and Italian power company Enel. There has been simmering controversy over the project with the entire area being claimed by Atacama indigenous communities.