Monday, February 2, 2015

Indonesia:

Chevron Returns Ciremai Mountain Geothermal to Indonesian Government (Jakarta Globe)

Chevron Geothermal Indonesia returned the Ciremai Mountain geothermal working area to the Indonesian government, a move that could push back the country’s ambition to take advantage of its huge geothermal potential.

Based on the company’s evaluation, it was impossible for Chevron to continue the development of the Ciremai geothermal project, Chevron Pacific Indonesia corporate communications manager Doni Indrawan said last week.

“Chevron did not continue the management of the Ciremai geothermal, and we returned it to the Indonesian government, so that they can consider conducting a re-tender,” Doni said. He did provide further details of the evaluation.

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