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Indonesia and Turkey Strengthen Cooperation in Geothermal Energy Sector

Economics editor Wahyu Dwi Anggoro
05/02/2024 16:33 WIB
Pertamina Geothermal Energy (PGE) signed a Confidentiality Agreement (CA) with the Turkish energy company, Kipas Holding, on Saturday (3/2/2024).
Indonesia and Turkey Strengthen Cooperation in Geothermal Energy Sector. (Foto: KBRI Ankara)
Indonesia and Turkey Strengthen Cooperation in Geothermal Energy Sector. (Foto: KBRI Ankara)

"In PGE's visit to Turkey this time, we also met with several top energy companies, engaging in lengthy discussions in each meeting. Hopefully, in the near future, we can find one or two more potential partners for investment in Turkey," explained Julfi Hadi, CEO of PGE.

After establishing cooperation with Kenya, PGE continues to build cooperation with Turkey. The main consideration is the relatively significant potential for geothermal energy in Turkey. 

As the fourth-ranked country in the world with the largest geothermal potential, Turkey is appealing to investors due to its feed-in-tariff policy. This reflects the Turkish government's goodwill to assure investors in the geothermal energy sector of long-term regulatory certainty and competitive price incentives.

Ambassador Rizal, who presented his credentials in mid-January, also emphasized energy cooperation as one of the 4+1 priority missions as the Indonesian Ambassador to President Recep Tayyip Erdogan of Turkey, which includes Defense, Energy, Construction and Health, and Trade. 

This has been well received by President Erdogan, who assigned his top officials to oversee Indonesia-Turkey cooperation projects. (WHY)

Halaman : 1 2 Lihat Semua
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