Negotiating over Geothermal Power

Steam sales contracts tied to the Kamojang geothermal power plant in West Java are set to expire. The renewal of these contracts hangs on new tariffs.

June 6, 2012

Slamet Riadhys negotiating skills are being tested. The president director of Pertamina Geothermal Energy (PGE), the geothermal unit of state oil and gas firm Pertamina, has gone back and forth trying to negotiate the renewal of steam sale contracts for the Kamojang Geothermal power plant, which are scheduled to expire this year. So far, his efforts have proven fruitless, despite the fact that on the opposite side of the negotiating table is anot

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