29 fishermen sue CNOOC’s parent

January 11th, 2012 | Shanghai Daily

A group of 29 fishermen in north China’s Hebei Province has sued the parent company of CNOOC Ltd for 234.6 million yuan (US$37.2 million) for losses caused by oil spills off China’s northeast coast last year.

The Tianjin Maritime Court has sent a notice of response to China National Offshore Oil Corp, Hong Kong-listed CNOOC said yesterday.

The fishermen from Laoting County of Tangshan in the province have initiated legal proceedings against the China unit of US oil major ConocoPhillips and CNOOC, and said that their cultivation losses were caused by the spills in the Penglai 19-3 field that started in June, CNOOC said.

Their claims include damages for cultivation losses of 234.6 million yuan, 7 million yuan they spent on valuation fees to determine their losses and relevant litigation costs.

The spills polluted 6,200 square kilometers in Bohai Bay, a major fishing region. ConocoPhillips, which is the field’s operator and a 49 percent stake owner, has been held accountable for the leaks.

CNOOC, China’s dominant offshore oil producer, owns 51 percent of Penglai 19-3, which has been closed following the incident at the request of China’s maritime authority.

Separately, 107 fishermen have also filed a lawsuit against ConocoPhillips China last month in the same court demanding 490 million yuan compensation following the spills. The court hasn’t accepted this suit yet.

By Richard Fu

Category: China Oil Monitor