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Bangkok Post
Bangkok Post
Business

PTTEP faces $1.7bn suit over 2009 spill

PTTEP Oil Jakarta Lawsuit Indonesia
A photo provided by PTTEP Australasia shows fire on the West Atlas drilling rig (right) and the Montara wellhead platform (left) about 250 kilometres off the northwest coast of Australia on Nov 2, 2009. (PTTEP Australasia via AFP)

JAKARTA: Indonesia is seeking at least 27.4 trillion rupiah (US$1.7 billion) in damages from PTT Exploration & Production Plc (PTTEP) in a planned lawsuit next year over the Montara oil spill, even after the Thai company reached an initial settlement with farmers in the area.

The lawsuit plan follows an agreement by the exploration arm of the majority state-owned oil company PTT Plc to pay A$192.5 million to a group of Indonesian seaweed farmers to settle a class action suit brought by them after the 2009 spill in the Montara oil field in the Timor Sea. 

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