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Find out how electricity tariff will help unlock Indonesia's geothermal potential

Star Energy's Peter Wijaya to shed light on the issue.

Peter Wijaya is the Vice President Commercial and Business Development of Indonesia-based Star Geothermal and has 20 years of experience in financial, commercial and business related matters.

He has spent 9 years in KPMG managing consultancy services, 3 years in Santos Ltd (Australia) as Manager Commercial & Financial, and 8 years in Star Energy as Vice President Commercial & Business Development

Among his key roles in his position are overseeing business acquisition and divestment, evaluating organic growth business and commercialization, negotiating on commercial matters, and enterprising wide risk management system.

Wijaya will be one of the panelists at the Asian Power Utility Forum's Jakarta leg happening on April 26 at the The Ritz Carlton Jakarta Mega Kuningan

What are your previous experiences and positions held that contributed to who you are as an industry expert today?
I wouldn’t call myself as an industry expert but I consider myself lucky to have worked for energy companies in their utmost critical stage. Take Santos for instance, during my tenure in Santos, the company was in a transformation stage from exploration into development and production. During such stages I experienced the challenges in setting up finance and commercial departments for Santos to be ready for production. Aspect of stewardship, internal audit, taxes, accounting and government reporting, joint venture mangement, crude sales and gas sales negotiations, etc, culminated up to the stage when Santos Indonesia celebrated its first gas and first oil, had been a invaluable experience for me. More recently in Starenergy group, my role as originator or leader in business acquisitions, divestments, risk assessment, and comercial negotiations, has brought not only experience but also people network - for which, the most valuable one is PLN.

What are your key business philosophies?
Listen and respect your counterpart, be creative and open minded, and always maintain your integrity.

Can you give us a glimpse of what you will talk about at the 2016 Asian Power Utility Forum?
I can talk briefly about uncertainties in geothermal business from acquisition stage to operation stage and how electricity tariff would be a determining factor in unlocking Indonesia geothermal potential.

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