A trial involving 21 aquaculture farmers demanding compensation from ConocoPhillips China and the China National Offshore Oil Corp (CNOOC) over an oil spill in 2011 began Tuesday [9 December 2014]. The sea cucumber farmers from Leting County of Hebei province demanded a compensation of 148 million yuan ($23.9 million) to cover their economic losses and litigation costs, according to the Tianjin Maritime Court. They claimed that the oil spill, which was not made public at first, led to the death of a large amount of their sea cucumbers, with losses amounting to 140 million yuan [~US$22.6 million]…Full Article: China Daily Dec 2014

Key Point

  • In June 2011, the Penglai 19-3 oilfield, jointly owned by CNOOC (51%) and the Chinese subsidiary of US oil giant ConocoPhillips 49%), began leaking oil. A total of 870 sq. km of seawater (Bohai Bay) was severely polluted, while the total scope of the spill reached 6,200 sq. km.

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