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Norilsk Nickel Estimated Oil Spill Elimination at 10 Billion Rubles
16.07.2020 14:56
Norilsk Nickel Estimated Oil Spill Elimination at 10 Billion Rubles

Norilsk Nickel estimated the liquidation of the consequences of the accident at TPP-3 in Norilsk at 10 billion rubles, with 6 billion rubles already spent. Earlier, Rosprirodnadzor estimated environmental damage at 147.7 billion rubles. Norilsk Nickel disputes the amount of damage.

      “The total cost of the aftermath of the accident is estimated at about 10 billion rubles (about $ 150 million). The company has already spent 6 billion rubles (as of early July 2020). It estimates additional investments in improving industrial safety at 2.5 billion rubles (about $ 36 million) in 2020 and at 11 billion rubles ($ 160 million) in 2021.

      Recall that the accident at TPP-3 occurred on May 29, about 21 thousand tons of diesel fuel spilled. The fine to Nornickel for environmental damage may become a record in Russian history and seriously affect the size of dividends, as well as aggravate the conflict between the main shareholders of the company.

Author: Anna Dorozhkina

Tags: Norilsk Nickel     

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