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(From Lloyds List)
RUSSIAN legislation relating to oil spills is 'discrepant and does not provide strict control over the responsibility for oil pollution or effective measures to prevent and respond to oil spills' a new report from the United Nations Environmental Programme suggests.
The report by UNEP's Global International Waters Assessment was released last week and highlighted a number of problems relating to the carriage of oil in the Barents Sea region, which it says is set to increase massively in the coming years.
'Russia still lacks a federal law regulating the responsibility for oil pollution like the Oil Pollution Act in the US,' the report stated.
The OPA90 comment is unlikely to please those industry players who advocate that legislation on oil pollution should be achieved at international level and not unilaterally.
The Russian Federation is a signatory of the 1992 protocols to the Civil Liability and Fund Conventions which provide for compensation following oil spills.
However, the report points out that Russia has yet to sign up to the convention for the ...