Kalinga geothermal project seeks license extension to continue exploration
Approaching Tinglayan, Kalinga, Philippines (source: Panoramio/ Valencerina clifton)
Francisco Rojas
16 Jun 2015
APC has completed the geochemical and geophysical surveys of the proposed 100-megawatt facility.
According to local filipino news, APC Group Inc will seek another extension to complete exploration work at its $300-million geothermal power plant in Kalinga, Apayao in partnership with global oil giant Chevron.
APC Chief Financial Officer Jackson T. Ongsip told reporters last week the company has completed sub-phases 1 and 2 of the geothermal service contract, which covers the geochemical and geophysical surveys of the proposed 100-megawatt facility.
“The application for environmental clearance certificate and engagement of engineering service company in preparation of sub-phase 3, which involves the drilling of exploration wells, is in progress,” Mr. Ongsip said.
The Department of Energy approved in September last year a one-year extension of the term of the geothermal service contract.
“We will seek a renewal sometime in July or August,” Mr. Ongsip said.
APC targets to commence the actual drilling of the exploratory wells next year and if the results of the exploration wells prove positive, construction will follow.
Completion of the project is targeted for 2019 to 2020.
The Kalinga geothermal project is owned by Aragorn Power and Energy Corp., a subsidiary of APC; local firm Guidance Management Corp.; and Chevron Kalinga Ltd., a unit of US firm Chevron.
Source: Business World Online
