INPEX CORPORATION (INPEX) announced that its wholly owned
subsidiary INPEX GEOTHERMAL, Ltd. (INPEX Geothermal), which was established for
the purpose of conducting geothermal business operations, has opened a new office in
Jakarta, Indonesia.
INPEX Geothermal manages INPEX’s participating interests in the Muara Laboh
Geothermal Power Project1 and the Rantau Dedap Geothermal Power Project2 located
on Sumatra, Indonesia. INPEX Geothermal’s Jakarta office was established to further
enhance the company’s involvement in existing geothermal projects and presence in
Indonesia’s geothermal industry, and to pursue new geothermal business opportunities.
1 Geothermal power generation project based in the Muara Laboh Geothermal Block in the
Sokol Selatan region of Indonesia’s West Sumatra province. INPEX has a 30 percent stake
in the project through INPEX Geothermal. Please refer to the following press releases for
more information.
INPEX Joins Muara Laboh Geothermal Power Project in Indonesia (December 16, 2021)
INPEX Acquires Additional Shares in Muara Laboh Geothermal Power Project in Indonesia
(April 28, 2022).
Geothermal power generation is based in the Rantau Dedap Geothermal Block located in
Indonesia’s South Sumatra province. INPEX has a 27.4 percent stake in the project through
INPEX Geothermal. Please refer to the following press release for more information.
INPEX Joins Rantau Dedap Geothermal Power Project in Indonesia (October 25, 2022).
The Jakarta Office opening ceremony was held at the Fairmont Jakarta on December
12, 2022 and was hosted by Kenji Kawano, Director, Senior Executive Vice President of
INPEX and Yoshiro Ishii, Representative Director, President of INPEX GEOTHERMAL.
Numerous distinguished guests including Mr. Dadan Kusdiana, Director General of New
Renewable Energy and Energy Conservation at the Ministry of Energy and Mineral
Resources of the Republic of Indonesia, H.E. Mr. Kenji Kanasugi, Ambassador of Japan
to the Republic of Indonesia, and representatives of locally active Japanese companies
attended the ceremony, reflecting the expectations for INPEX Geothermal to successfully
implement geothermal projects in Indonesia.
INPEX seeks to enhance and emphasize its renewable energy initiatives, which are one
of the 5 net zero businesses outlined in the company’s “INPEX Vision @2022”
announced in February 2022. INPEX will accelerate its geothermal power generation
business initiatives, which can utilize the technologies the company has cultivated through oil and natural gas development. INPEX will proactively engage in energy
structure reforms towards the realization of a net zero carbon society while fulfilling its
responsibilities for the stable development and supply of energy.
