What triggered Indonesia's decision to lift the investment moratorium on Thailand's PTT?

Indonesia decided to lift the investment moratorium on Thailand's PTT after the company paid 192.5 million Australian dollars ($135.85 million) in compensation to affected fishermen and seaweed farmers in East Nusa Tenggara province, as reported by state news agency Antara in 2022, resolving a dispute stemming from the 2009 Montara oil spill in the Timor Sea.

How much has PTT committed to invest in Indonesia following the lifting of the moratorium, and what will the investment target?

Following the lifting of the moratorium, Thailand's PTT has committed to invest around $5 billion in the exploration and production of oil and gas in Indonesia, according to Djoko Siswanto, chairperson of upstream oil and gas regulator SKK Migas.

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

Aug 11, 2026

Indonesia has lifted an investment moratorium on Thai energy firm PTT following compensation for a 2009 oil spill. PTT committed to investing $5 billion in oil and gas exploration in Indonesia.

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2026-08-11

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

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PTT clarifies status of foreign investment talks

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

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