Chad fines CNPC unit $1.2 billion for environmental damage

Reuters News
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Posted: Mar 21, 2014 1:56 PM

N'Djamena (Reuters) - The Chadian government has fined the local unit of China National Petroleum Corporation $1.2 billion for repeated environmental damage, a statement from the environment minister said on Friday.

"Following the non-respect of its obligations and repeated violations of environmental norms ... the government is demanding that CNPCIC ... repair the damage and pay a fine of $1.2 billion," the statement signed by Mahamat Issa Halikimi said.

(Reporting by Madjiasra Nako; Writing by Bate Felix; Editing by Daniel Flynn)