BRUSSELS CONSIDERS CIVIL LIABILITY REGIME FOR MAJOR OFFSHORE GAS ACCIDENTS
April 1st, 2012
BY KEITH NUTHALL
THE EUROPEAN Commission is launching an inquiry into establishing a European civil liability regime for offshore gas and oil companies involved in major accidents. The idea is that they are able to fund repairs and compensation for damage they cause without relying on local governments. The concerns arise from the BP Gulf of Mexico disaster. Because of the European Union's (EU) collection of relatively small national jurisdictions, Brussels fears a major accident involving an energy company could cause damage to businesses and communities two or ...
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