Russia: Nornickel Hit By Massive Fine For Oil Spill

8 Feb 2021 by Local Press Report

Judges at the Krasnoyarsk Court of Arbitration on the 5th of February announced their verdict in the case against the Norilsko-Taymyrsky Energy Company. The company that is owned and managed by mining and metallurgy giant Nornickel will have to pay 146,18 billion rubles (€1.62 billion) for the grave environmental damage inflicted on nature in the Taymyr region. It was Russia’s environmental protection agency Rosprirodnadzor that sued the company after more than 21,000 tons of diesel fuel in late May 2020 leaked from a ruptured oil reservoir near the city of Norilsk.