Decision ID: 003975

In October 2013, it was noted that the 1992 Fund Administrative Council’s decisions in respect of levies for 2013 contributions and reimbursement to contributors to the Erika Major Claims Fund would be calculated as follows:

Fund Oil year Estimated total oil receipts (tonnes) Total levy (£) Payment/(reimbursement) by 1 March 2014
Levy (£) Estimated levy per tonne (£)
Prestige 2001 1 356 552 943 2 500 000 2 500 000 0.0018429
Volgoneft 139 2006 1 533 982 187 7 500 000 7 500 000 0.0048892
Erika 1998 1 115 864 606 (26 200 000) (26 200 000) (0.0234796)

Date: 24.10.2013
Category: Financial matters
Subject: Levying and reimbursement of contributions