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Home > News > Cos liable for unlimited damage in case of spill in Indian waters: oil ministry > Cos liable for unlimited damage in case of spill in Indian waters: oil ministry

Cos liable for unlimited damage in case of spill in Indian waters: oil ministry [1]

Gireesh Chandra Prasad

New Delhi: The petroleum ministry has said that in case of an oil spill in Indian waters, exploration companies operating the off-shore field will be liable to pay unlimited damages to public and private compensation seekers. The production-sharing contract with the company, however, speaks only of restoration of the site as per global best practices.

Publication Date: 
26/05/2010
Financial Express (New Delhi) [2]
Tags:
Environment [3], Oil Pollution [4], Industrial Disasters [5], Oil Exploration [6], Ministry Of Petroleum & Natural Gas [7], Financial Express (New Delhi) [2]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/cos-liable-unlimited-damage-case-spill-indian-waters-oil-ministry

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/cos-liable-unlimited-damage-case-spill-indian-waters-oil-ministry
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/environment
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-pollution
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/industrial-disasters
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-exploration
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-petroleum-natural-gas