1. LawStack
  2. Title 30 - Mineral Resources
  3. Chapter V - BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR
  4. Subchapter B - OFFSHORE
  5. Part 553 - OIL SPILL FINANCIAL RESPONSIBILITY FOR OFFSHORE FACILITIES
  6. Subpart G - Limit of Liability for Offshore Facilities
  7. 30 CFR § 553.702
30 CFR § 553.702
What limit of liability applies to my offshore facility?
July 29, 2020
CFR

Except as provided in 33 U.S.C. 2704(c), the limit of liability under OPA for a responsible party for any offshore facility, including any offshore pipeline, is the total of all removal costs plus $137.6595 million for damages with respect to each incident.

[83 FR 2542, Jan. 18, 2018]

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§ 553.701 To which entities does this subpart apply?
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§ 553.703 What is the procedure for calculating the limit of liability adjustment for inflation?

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