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 Rises as Fragile Middle East Ceasefire Sustains Supply Risks

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

France Leads 15-Country Effort to Reopen Strait of Hormuz

Oil Tumbles, Stocks Surge on Middle East Ceasefire

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

CPC Oil Exports via Black Sea Stable After Attack Reports

Oman’s Block 50 Offshore Drilling Ops Pushed to May

Iran War Reshapes Global LNG Trade

Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade

Lamprell Secures ONGC Deal for Subsea Pipeline Replacement Project

Current News

Petra Energy Secures Work Orders from Petronas for Sarawak Gas Project

Middle East Producers Gear Up for Hormuz Export Restart

Israel Orders Restart of Ops at Karish Offshore Gas Platform

Oil Rises as Fragile Middle East Ceasefire Sustains Supply Risks

Glencore, Taiwan’s CPC Charter Tankers as Hormuz Reopens

Nam Cheong Locks In Two OSV Charters amid Tight Southeast Asia Supply

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

France Leads 15-Country Effort to Reopen Strait of Hormuz

Oil Tumbles, Stocks Surge on Middle East Ceasefire

ABL Transports Northern Endeavour FPSO to Recycling Yard

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