Wahyu Dwi Anggoro
IDXChannel - Pertamina Geothermal Energy (PGE) signed a Confidentiality Agreement (CA) with the Turkish energy company, Kipas Holding, on Saturday (3/2/2024).
Both energy companies agreed to initiate cooperation in the geothermal energy sector. The agreement was signed by Julfi Hadi, the CEO of PGE, and Mehmet Sisman from GM Kipas Holding, witnessed by the Indonesian Ambassador to Turkey, Achmad Rizal Purnama, in Istanbul.
"Thank God, alhamdulillah, this evening PGE and Kipas Holding have agreed to start geothermal cooperation. For almost four months, we have been seriously exploring economic cooperation opportunities in the energy sector, and today that hard work has paid off," stated Ambassador Rizal in a media release on Monday (5/2/2024).
It was further explained that the Indonesian Embassy in Ankara had facilitated PGE's efforts to explore the potential for geothermal exploration and operations cooperation with several energy companies in Turkey. Various meetings have been held to find suitable partners.
In previous initial meetings, PGE and Kipas Holding expressed interest in collaborating on exploration in both Turkey and Indonesia, even opening the possibility for joint investment in a third country. In addition to Kipas Holding, Ambassador Rizal also facilitated PGE to meet with several other energy companies.
