Oil spill insurance to rise

OFFSHORE oil and gas operators will need to hold higher levels of insurance under new rules proposed by Associate Transport Minister Julie Anne Genter.

Oil spill insurance to rise Oil spill insurance to rise Oil spill insurance to rise Oil spill insurance to rise Oil spill insurance to rise
Cabinet has agreed to consult on increasing the amount of insurance that oil companies are required to hold in order to cover costs in the event of an oil spill.

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