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

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Launches New Offshore Oil Development in Southern China

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

India's ONGC Set to Retain 20% stake in Russia's Sakhalin-1 Project

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

Mubadala Energy, PLN Energy Primer Team Up for Andaman Sea Gas Supply

Aramco Expands US Partnerships with $30B in New Deals

Japan Picks Wood Mackenzie to Assess Trump-Backed Alaska LNG Scheme

Current News

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Launches New Offshore Oil Development in Southern China

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

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