Help Sitemap Home Skip Navigation Contact Us Disability Statement

Ebberns
 
 
Wednesday, 17th March 2010

Shell's $157m claim

Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image

Published Date: 10 December 2008
Buncefield trial Day 28: Oil company Shell told the High Court it was seeking around 157million US dollars to compensate for the loss of business resulting from the Buncefield disaster.
On Wednesday, December 10 Laurence Rabinowitz, acting for Shell, told the court facilities at the depot were 'knocked out' by the blast and Shell was unable to distribute petrol, diesel or jet fuel.

He said a further 8million US dollars worth of a
viation fuel went up in the blaze, but this had been repaid.

Giving Shell's final submissions Mr Rabinowitz said there was a 'quantity of aviation fuel which Shell was entitled to that was being stored at Buncefield that was effectively destroyed by the blast'.

"That has been disposed of by a payment in full," he told the hearing.

However, he said there was still dispute over the rest of Shell's claim against Total and Hertfordshire Oil Storage Limited (HOSL).

Mr Rabinowitz said jet fuel business worth between 52million and 63million US dollars was lost as a result of the disaster along with ground fuel sales worth 'in excess of' 94million US dollars.

He told the court Shell had been unable to supply airports and garage forecourts.

"The claim has not been admitted by the defendant. They have admitted all the key facts on which it is based," he said.

Shell and BP, who ran operations at Buncefield, together with residents and businesses are seeking damages totalling around £700million from Total and HOSL.

The trial is due to finish next week but a judgement is not expected until well into the New Year.

The trial continues.





Page 1 of 1

  • Last Updated: 10 December 2008 5:47 PM
  • Source: n/a
  • Location: Hemel Hempstead
 
 
 


Sister Newspapers:
Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.