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Oil Spill Financial Responsibility Adjustment of the Limit of Liability for Offshore Facilities

The Bureau of Ocean Energy Management is issuing this final rule to adjust the offshore facility limit of liability for damages under the Oil Pollution Act of 1990 (OPA) to refl...

The Bureau of Ocean Energy Management is issuing this final rule to adjust the offshore facility limit of liability for damages under the Oil Pollution Act of 1990 (OPA) to reflect the increase in the Consumer Price Index (CPI) since 2013. This rule increases the OPA offshore facility limit of liability for damages from $133.65 million to $137.6595 million.

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Federal Register Citation

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83 FR 2540

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“Oil Spill Financial Responsibility Adjustment of the Limit of Liability for Offshore Facilities,” thefederalregister.org (January 18, 2018), https://thefederalregister.org/documents/2018-00798/oil-spill-financial-responsibility-adjustment-of-the-limit-of-liability-for-offshore-facilities.