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Article

11 Jan 2014

Author:
RIA Novosti

LUKoil hit with ‘biggest oil spill fine in Russian history'

...A subsidiary of the Russian oil giant LUKoil has been slapped with a fine of 614 million rubles ($18.5 million), which Greenpeace said appeared to be the biggest such fine in Russia’s history. LUKoil-Komi was fined for nine oil spills from 2011 in Russia’s northern republic of Komi, according to documents available on the republic’s arbitration court website. The spills covered an area estimated between 20.5 and 21 hectares of land in the province. The verdict came into force in late December following a protracted legal battle...LUKoil-Komi’s press service could not be reached for comment...Greenpeace said on its website the oil company intended to appeal. It also said LUKoil faced a separate lawsuit for 96 million rubles ($2.9 million) from the republic’s forestry committee...LUKoil-Komi spent 15 million rubles ($450,000) on recultivating the polluted land, but the court ruled it to be an insufficient measure.