Israeli 2014 Oil Spill Caused $76 Mln of Damage

Wednesday, October 31, 2018

A 2014 oil spill by a secretive state-run company that flooded an Israeli nature reserve caused 281 million shekels ($76 million) worth of damage, Israel's Environmental Protection Ministry said on Wednesday.

The ministry sent its estimate to a mediator for its case against the Eilat-Ashkelon Pipeline Company (EAPC), a major oil distributor in Israel. Worried about national security, the government maintains tight control over EAPC, and much of its business dealings are under military censorship.

There is also a criminal investigation into EAPC over what experts called the worst spill in Israel's history.

In December 2014, a pipe burst in southern Israel, pouring millions of litres of oil into a desert nature reserve. EAPC was already forced to pay 65 million shekels for a clean-up and environmental rehabilitation, which is included in its total estimate of damage, the ministry said.


($1 = 3.7170 shekels)

(Reporting by Ari Rabinovitch Editing by Steven Scheer and David Evans)

Categories: Environmental Oil Pipelines Finance Government Update

Related Stories

Oil Falls More Than 2% as US-Iran Tensions Ease

ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

Oil Prices Slide as Israel-Iran Suspend Strikes

Oil Shoots Over $4 as Israel Expands Strikes Against Iran and Lebanon

Oil Slips as Oman Reports Normal Operations at Key Oil Terminal

Petronas Signs Offshore Oil Recovery Collaboration Deal

SBM Offshore to Sell 45% Stake in Mexico-Bound FSO to NYK

Conrad Secures Drilling Rig for Mako Gas Field off Indonesia

Aramco Picks McDermott for Energy Projects in Saudi Arabia

Kuwait Sees 70% Oil Output Recovery within Two Months of Hormuz Reopening

Current News

JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project

Inpex’s Ichthys LNG Strike Persists as Fair Work Hearing Gets Postponed

Oil Falls More Than 2% as US-Iran Tensions Ease

TGS Books 3D Streamer Seismic Job in Africa and Middle East region

Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

Oil Holds Steady as Markets Assess Renewed US-Iran Hostilities

ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

Petronas Signs 20-Year LNG Supply Deal with Japan's JERA

Oil Prices Slide as Israel-Iran Suspend Strikes

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com