The hydrocarbon contamination affects approximately 5.9 ha of soil in Sultan Syarif Hasyim Grand Forest Park (Tahura SSH), a tropical rainforest in Riau Province, Indonesia. This study aims to determine the costs required to rehabilitate petroleum-contaminated soil and evaluate the economic significance of ecological restoration in a 5.9 ha area designated in Tahura SSH. This study provides a novel economic framework for assessing ecological damage and guiding recovery in a hydrocarbon-impacted area, integrating the Replacement Cost Method (RCM) through restoration cost calculations and the Resource Equivalence Analysis (REA) to assess and compensate for environmental damage-related losses. The study results show that the three main remediation technologies selected, bioventing, bioaugmentation & biostimulation, and ex-situ landfarming, were used to remediate oil-contaminated soil in Tahura SSH. The highest remediation costs are exsitu landfarming, followed by bioaugmentation and biostimulation, and then bioventing. The ex-situ land farming method incurred the highest remediation costs. Nevertheless, it causes ecological harm in the SSH Tahura Area. REA determined that the area required to replace oil-contaminated land should be twice the baseline from 5.9 ha to 12.8 ha. Furthermore, the compensation paid by REA for environmental damage exceeded the initial assessment by 116.1% compared to using the Replacement Cost Method (Bioaugmentation & Biostimulation, Bioventing, and Ex-Situ Landfarming). This study offers stakeholders guidance on determining a fair environmental value for oil-contaminated soil. Future studiesĀ
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