Japanese Firm Joins the Rajabasa Geothermal Project in Indonesia

Japan’s Inpex Corporation (Inpex) has joined the Rajabasa Geothermal Project in Indonesia through a subsidiary established for the purpose of conducting geothermal business.

The Project is based in the Rajabasa Geothermal Block in Lampung Province in the southeast part of Sumatra island, Indonesia.

Engie SA, Sumitomo Corporation and PT Supreme Energy, a private Indonesian geothermal power generation business developer have until now conducted exploration activities through an investment in PT Supreme Energy Rajabasa.

Inpex joined the Project by acquiring 31.45% of the shares of PT Supreme Energy Rajabasa held by Engie SA through the subsidiary Inpex Geothermal. Inpex Geothermal also opened a representative office in Jakarta, Indonesia on October 10, 2022.

While the Project is in the exploration stage, surface and geophysical surveys have indicated a certain potential for geothermal resources.

If sufficient geothermal resources are located through exploration activities to warrant the development of the Project, this is expected to contribute to the further expansion of Inpex’s geothermal business in Indonesia.

Inpex is Japan’s largest exploration and production (E&P) company, and is currently involved in projects across multiple continents, including the Ichthys LNG Project in Australia as Operator.

By thoroughly making its oil and gas business cleaner while expanding its net zero business areas, Inpex aims to provide a stable supply of diverse and clean energy sources including oil, natural gas, hydrogen and renewables.

#geothermal #indonesia #cleanenergy