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Jakarta Post

BP mulls entering geothermal energy sector, says minister

  • Amahl S. Azwar

    The Jakarta Post

Jakarta   /   Wed, October 17 2012   /  11:48 am

Oil and gas giant BP Plc is currently studying the possibility of expanding its business in Indonesia by developing the country’s potential geothermal energy, a senior official says.

Energy and Mineral Resources Minister Jero Wacik told The Jakarta Post on Tuesday that the UK-based energy firm had been mulling the plan ever since the company’s chief executive, Bob Dudley, met with President Susilo Bambang Yudhoyono in May this year.

“During the talks, which took place in Yogyakarta, the President asked the firm’s CEO [Dudley] to enter the geothermal energy sector in Indonesia. After the meeting, I also mentioned our request to BP executives during my visit to London,” he said in a telephone interview.

The government was curious as to whether BP would enter the geothermal energy sector after another energy giant, US-based Chevron, had successfully become t...