
Indonesia agreed to lift the investment moratorium on Thai energy firm PTT after it paid compensation for a 2009 Timor Sea oil spill. The decision removes a regulatory constraint tied to a prior environmental incident, which should modestly improve PTT’s near-term investment outlook.
Indonesia agreed to lift the investment moratorium on Thai energy firm PTT after it paid compensation for a 2009 Timor Sea oil spill. The decision removes a regulatory constraint tied to a prior environmental incident, which should modestly improve PTT’s near-term investment outlook.
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mildly positive
Sentiment Score
0.15