ExxonMobil To Repay $2 Million to State Environmental Fund
DATE:
April 30, 2007
RELEASE TIME:
Immediate
Attorney General Kelly A. Ayotte announced today that ExxonMobil Corporation
has agreed to repay more than $2 million it received from the state to clean up gasoline
spills at some of its stations.
The payments were made to ExxonMobil from a state fund dedicated to
reimbursing the costs of certain environmental cleanup work when private insurance
policies do not cover the work. The state's Oil Fund Disbursement Board, which
administers the fund, demanded repayment from ExxonMobil when it learned that the
company had received payments from private insurers. ExxonMobil disputed the claim
but has signed a settlement document in which it agrees to repay $2,041,968 to the state.
Attorney General Ayotte commented: "State law requires repayment to the fund
if private insurance money pays for environmental cleanup costs. Due to declining fund
revenues and increased cleanup costs, it is particularly important that the fund reimburse
those who have no environmental insurance and who are waiting for the fund to pay for
cleanup. This settlement money will be used to pay for those cleanups, which are
essential to protecting public health and our precious environment."
For further information, contact Maureen D. Smith, Senior Assistant Attorney
General, at (603) 271-3679.
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