Neste Oil to receive EUR 47.5m from reinsurers

oil-refinery-pic

Finnish oil refining company Neste Oil has announced that it will receive 47.5m euros from a syndicate of reinsurers following a fire at a refinery in April 2008

Neste Oil is to receive the payment from a "syndicate of international reinsurers" during the first quarter of 2010.

The claim is payable on the basis of property damage and business interruption (re

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