SET Announcements
29 July 2013
Oil Spill from Flexible Hose Leakage
(Translation)
No. 01-500/2013
29 July 2013
Subject Oil Spill from Flexible Hose Leakage
To President
The Stock Exchange of Thailand
PTT Global Chemical Public Company ("PTTGC") would like to inform that on July
27, 2013 at 6.50 hrs., leakage in the flexible hose (size 16 inches) was found
at the Single Point Mooring (SPM) while discharging crude oil from a vessel to
the Refinery, 20 kilometers Southeast of Map Ta Phut seaport. The leakage
resulted in oil spill for approximately 50,000 liters or equivalent to 316
barrels.
PTTGC has mitigated the impact of the oil spill by immediately shutting the
pipeline valve to prevent further leakage followed by the cleanup of the spill
by collecting oil from the sea surface, and spraying oil-spill dispersants both
by ships and by planes. Currently, the spill reduced to approximately 5,000
liters and the mitigation is being conducted continuously. As for the Refinery's
operation, it can be operating as usual.
In this regard, PTTGC has insurance coverage under Property Damage and Business
Interruption, Marine Cargo, and Third Party Liability. PTTGC and the insurer are
currently in the process of appraising the claim value.
Please be informed accordingly
(Anon Sirisaengtaksin)
Chief Executive Officer
Corporate Finance and Investor Relations
Tel. +66 (0) 2 265 8421, +66(0) 2 265 8574, +66 (0) 2 140 8713-14
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