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Nornickel coughs up $2bn for fuel spill

10th March 2021

By: Creamer Media Reporter

     

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Norilsk-Taimyr Energy Company, a Nornickel subsidiary, has made 146.2-billion roubles' (about $2-billion) worth of payments for damage caused to the environment as a result of a May 2020 diesel spill at Norilsk's combined heat and power plant.

Nornickel has provided the funds for its subsidiary's payment.

The bulk of the payment, 145.49-billion roubles, was compensation for damage to local bodies of water and was paid into the federal budget.

Compensation for damage to soil amounted to 684.90-million roubles, paid to Norilsk's municipal government.

The payment was made in accordance with a February 12, 2021 judgement by Krasnoyarsk's Arbitration Court.

 

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

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