By Sarah Kent
LONDON--Royal Dutch Shell PLC (RDSA) confirmed Tuesday it faces a $5 billion
fine for its Bonga oil spill offshore Nigeria late last year, but added that it
doesn't "believe there is any basis in law" for such a punishment.
The company's Nigerian subsidiary "responded to this incident with
professionalism and acted with the consent of the necessary authorities at all
times to prevent environmental impact as a result of the incident," Shell said
in a statement.
The leak at the 200,000 barrel-a-day Bonga field in December was Nigeria's
worst offshore spill in more than a decade and resulted in at least 40,000
barrels-a-day of oil spilling into the ocean.
Write to Sarah Kent at email@example.com