PTTEP Expects to Appeal the Australian Court over “Montara” Incident

PTT Exploration and Production Public Company Limited (PTTEP) made an announcement referring to the Class Action lawsuit against PTTEP Australasia (Ashmore Cartier) Pty Ltd (PTTEP AAA), which is the subsidiary of PTTEP, in the Federal Court of Australia brought by a group of Indonesian seaweed farmers, claiming damages to their seaweed crops caused by the 2009 Montara incident in the Australian waters.

On March 19, 2021, the trial judge of the Federal Court of Australia has delivered the class action judgment. PTTEP AAA stated that it will carefully consider the judgment and the appeal avenues available to it accordingly.