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Court orders Nornickel to pay $2bn fuel-spill fine

A Russian court ruled that MMC Norilsk Nickel should pay 146-billion rubles ($1.95-billion) in compensation for an Arctic fuel spill, RIA Novosti said, in line with a demand by the nation’s ecological watchdog.

In July, the Federal Service for Supervision of Natural Resources, known as Rosprirodnadzor, asked Nornickel to pay 148 billion rubles to cover damage caused by the massive spill from one of its fuel tanks. The miner disagreed with the watchdog’s estimate, saying it didn’t account for fuel the company had recovered and other restoration works. Nornickel told the court its own compensation estimate was 21.4-billion rubles.

RIA Novosti reported Friday’s figure from the court room.