Court orders USD 1.9 billion in compensation for oil catastrophe

The Spanish state will be compensated USD 1.9 billion for the worst oil catastrophe ever in Europe, caused when tanker vessel Prestige sank in 2002. London P&I Club will pay the figure, said the court.

Photo: /ritzau/DD XMH

15 years after the worst oil catastrophe in European history, a Spanish court has issued a ruling on damages.

According to several media, the court ordered that Spain will be compensated with USD 1.9 billion after a 2002 incident in which tanker vessel Prestige broke in half and sank, which led to massive consequences for the environment and coasts in both Spain and France.

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