Bandung regional government wishes ownership position in geothermal development
The regional government of Bandung in Indonesia has raised the wish to receive an ownership position in geothermal development companies working on project in the region.
The Government of the Bandung Regency in Indonesia has raised the wish to receive shared ownership in geothermal or geothermal exploitation companies. Bandung Regent Dadang M. Naser said, in accordance with the Law, local governments that have oil and gas exploitation locations could have shares in management companies.
Bandung Regency itself has geothermal potential that has long been exploited by companies engaged in the field of electrical energy.
“We want Bandung Regency to be involved in geothermal share ownership,” said Dadang today. At the very least, said Dadang, in accordance with the law the Bandung regency government can have geothermal shares as much as 5% to 10%.
Efforts to ask for share ownership have been made several times to the geothermal management company. “It’s been fought many times. But there has been no answer,” he said. He hopes that geothermal parties can grant this wish.