Author Topic: Tempo English Version 2018, April 23 - 29  (Read 1227 times)

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Tempo English Version 2018, April 23 - 29
| April 24, 2018, 01:20:09 PM

2018, April 23 - 29 --- Tempo

The government needs a breakthrough in the dispute implicating Petroleum Authority of Thailand Exploration and Production (PTTEP) Australasia, a subsidiary of PTT Public Company Limited, a Thai state-owned oil company. The case has been pending for almost nine years. As of now, there has been no resolution offered to the government as well as East Nusa Tenggara's fishermen and seaweed farmers directly impacted by the August 2009 oil spill.

Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan's proposal for a middle-path solution deserves consideration. And for a valid reason, namely the relationship of the two ASEAN member countries. Additionally, PTTEP -- the world's 10th largest oil company will also be making an investment in Indonesia worth US$2 billion, or around Rp. 27.4 trillion. There is indeed nothing wrong with fighting through court, but that path will for sure be long and complicated. The fishermen demand PTTEP Australasia to pay US$200 million, or about Rp. 2.7 trillion, in compensation. But the case has only reached an interim verdict in regard to Daniel Sada's legitimacy in representing 13,000 fishermen and seaweed farmers in East Nusa Tenggara, not the core issue itself.


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