Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

CNPC will fund facility but not accident compensation directly

CNPC will fund facility but not accident compensation directly

Dalian: China National Petroleum Corp (CNPC) will invest in one of the major northeastern port cities, Dalian, which suffered an oil spill last July at its own facilities in Dagushan, to avoid paying direct compensation to local fishermen, state media said.
The state-owned oil producer has agreed to build plants in Dalian with annual refining capacity of 20 million tonnes and one million tonnes ethylene.
In return, Dalian government will pay compensation to the fishing industry for damage and losses caused by the oil spill, citing unnamed sources involved in the negotiations between authorities and CNPC, according to the state media. [05/01/11]

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish
Maritime_Market_User_Promo_4
Looking For Suppliers?

Maritime Market is the online marketplace for the global maritime industry, making it easy to connect with suppliers 365 days a year. Powered by an extensive database of maritime professionals and businesses.

Maritime_Market_User_Promo_4