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Deal coming on Timor oil slick
JAKARTA: Thai-headquartered PTTEP Australasia will respond in writing to Indonesia’s request for damages from an oil spill at the Montaro rig the company operates in the Timor Sea, an Indonesian official says
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AKARTA: Thai-headquartered PTTEP Australasia will respond in writing to Indonesia’s request for damages from an oil spill at the Montaro rig the company operates in the Timor Sea, an Indonesian official says.
“PTTEP will provide a response by Dec. 10, including the steps required to assess and process the claim,” Indonesian negotiator Rosa Vivien Ratnawati said.
Though officials declined to comment, Indonesia reportedly requested US$2.2 billion in compensation for damage from the oil spill.
An agreement on compensation was reached during a meeting between Indonesian and PTTEP officials in Singapore last week.
“The PTTEP will also provide a compilation of data and scientific reports supporting its previous representations made in Singapore,” she said.
Officials from Indonesia and PTTEP are slated to meet again in Jakarta on Dec. 16.
“At the upcoming meeting, experts from Indonesia and PTTEP will discuss scientific evidence submitted by each party,” she said. — JP
