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

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

CNOOC Brings New Offshore Gas Field On Stream

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Current News

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

Inpex Kicks Off FEED Work for Abadi LNG Scheme Offshore Indonesia

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Sapura Energy Rebrands to Vantris Energy

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

CNOOC Brings New Offshore Gas Field On Stream

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