THE battle to plug a North Sea gas leak could cost oil companies more than £8 billion, affecting thousands of industry jobs, it has been claimed.
Total's Elgin platform, around 150 miles off Aberdeen, has been leaking gas since last month with initial estimates suggesting it may take up to six months to fix.
However, one of the world's leading credit scoring agency yesterday claimed all UK oil and gas offshore firms may be required to set aside up to £8.2bn for the right to operate in European waters following the incident.
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