National
GS Caltex to start talks on oil spill compensation
Feb. 4, 2014
GS Caltex Co., a South Korean oil refiner blasted for late response to last week's oil leak, said Tuesday it will start talks on compensation with fishermen and relevant agencies.On Friday, a speeding Singapore-registered tanker collided into pipelines operated by GS Caltex, the country's second-largest refiner, causing an oil spill into waters off the coast of Yeosu, 455 kilometers south of Seoul. GS Caltex said that while the company is also a victim in the case, it has decided to join efforts