Finally, a word on the compensation fund for oil pollution.
It was unclear today how large the compensation fund would be.
The compensation fund is earning interest and has increased in value.
Those that do not are obliged to pay into a 'compensation fund' instead.
The move is an indication that the new Government may be willing to help set up a compensation fund.
However, only $6 million has actually been paid out, because of an expected shortfall in compensation funds.
With the initial compensation fund exhausted, the government has added $8 million.
The court heard that the deficiency in the compensation fund could reach £1 million.
The school agreed to a 5 million dollar compensation fund in January 2009.
The industry would pay $4 billion annually into a separate victims' compensation fund.
