Nornickel should pay $2.1 billion in damages for an unprecedented oil leak in the Arctic by a company subsidiary, Russia's Environment Supervision Agency, Rosprirodnadzor, suggested on Monday July 6.
The "voluntary" damages bill sets a Russian record and adds to at least another $343 million Nornickel previously said it would spend related to the May 29 incident in Siberia.It since had another environmental incident in the same region of Siberia, albeit very minor compared with the biggest oil spill in the Arctic Circle since the Exxon Valdez, which led to Russia declaring a state of emergency on...