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Indonesia to lift investment moratorium for Thailand's PTT after oil spill compensation paid, official says

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Indonesia to lift investment moratorium for Thailand's PTT after oil spill compensation paid, official says

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.

Analysis

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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