El Tatio project in Chile indefinitely suspended
El Tatio Geysers, Chile (source: flickr/Phillie Casablanca, creative commons)
Alexander Richter
20 Dec 2013
The developer of the El Tatio project in Chile, have indefinitely suspended the project following local opposition and a lengthy legal battle.
Reported this week from Chile, the “El Tatio geothermal project has been cancelled due to Geotermica del Norte’s failure to comply with project safety requirements.
The developer has been fined US$384,000 by region II’s environmental watchdog Corema.
The company said it would withdraw drilling rigs from the area within three months and indefinitely suspend geothermal exploration at the site. The geothermal energy extraction project was being developed by the GDN JV of Codelco, state oil company Enap and Italian power company Enel.”
Source: BN Americas
