Oil Spill Financial Responsibility Adjustment of the Limit of Liability for Offshore Facilities
offshore-energy · Bureau of Ocean Energy Management · Published 2018-01-18 · Effective 2018-02-20 · 83 FR 2540
Document
Document number
2018-00798
Federal Register citation
83 FR 2540
CFR reference
30 CFR 553
Type
Rule
Action
Final rule.
Category
offshore-energy
Sub-agency
Bureau of Ocean Energy Management
Publication date
2018-01-18
Effective date
2018-02-20
Interior docket
Docket ID: BOEM-2017-0048
Abstract
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.