Peru oil spill remediation and cleaning could cost $65 mln, Repsol CEO says

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Peru oil spill remediation and cleaning could cost $65 mln, Repsol CEO says
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Clean-up and remediation costs after a major oil spill of more than 10,000 barrels at a Repsol facility in Peru could total more than $65 million, the Spanish company's chief executive said on Thursday.

Fishermen clean the water after Spain's Repsol spilled more than 10,000 barrels of crude oil into the Pacific Ocean, near Isla Pescadores, Peru February 9, 2022. REUTERS/Sebastian CastanedaMADRID, Feb 17 - Clean-up and remediation costs after a major oil spill of more than 10,000 barrels at a Repsol

facility in Peru could total more than $65 million, the Spanish company's chief executive said on Thursday. "What we are seeing today in cost terms could be around $65 million more or less ... this figure could increase in coming weeks," Josu Jon Imaz told analysts on a conference call.The spill occurred just off the coast of Lima on Jan. 15 when a tanker was rocked by waves caused by the eruption of a volcano in Tonga, Repsol and Peruvian officials have said.

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