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ConocoPhillips says evaluating China spill impact

Wed, 08/24/2011 - 3:37am
Reuters

BEIJING (Reuters) - A subsidiary of ConocoPhillips said it has started evaluating the impact of its oil spill in China's northern Bohai Bay on the marine environment, but has not yet received any claims for the incident.

State media have said fishermen in northern China's Hebei Province were preparing to sue ConocoPhillips for wiping out large numbers of scallops in Bohai Bay.

Economic losses incurred by the fishing industry were estimated at between 150 million and 170 million yuan ($23.5 million-$26.6 million), according to the reports.

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