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Tanker operators wants deferment of Oil Pollution Compensation Act

Tanker operators as well as oil companies are seeking the deferment of the implementation of Republic Act 9483 or the Oil Pollution Compensation Act until a new law is passed. The stakeholders, led by the Philippine Petroleum Sea Transport Association (Philpesta), Association of Tankers Owners of the Philippines (Atophil), and the ‘big 3′ oil firms Shell, Chevron (Caltex) and Petron,…