Citgo Has Paid $864,735 in Claims Over Florida Fuel Contamination Incident -- OPIS
01 November 2023 - 2:31AM
Dow Jones News
Citgo Petroleum has so far paid out $864,735 to motorists who
have submitted claims related to the August distribution of
contaminated fuel in Florida that impacted more than 2,000
customers.
The company said that as of Oct. 25 it has received information
from 2,162 consumers with potential claims stemming from the
incident. Citgo's claims management provider, ESIS, has responded
to nearly all of the claimants and has so far closed out 2,001 of
the claims. The money paid out went toward repairs or
reimbursements, Citgo said in a statement to OPIS.
The company said it expects to close all the remaining claims
soon.
"Although we have only received a small number of new complaints
over the past several days, if we receive more going forward, we
will continue to work with those consumers as well," the company
said.
The incident began Aug. 26 as Hurricane Idalia was approaching
Florida when fuel coming from the port of Tampa was contaminated
due to a product routing issue at the Tampa terminal, the company
said at the time.
Citgo said it immediately shut down the rack at its Tampa
terminal after discovering the problem.
The terminal supplies fuel in the greater Tampa region, north to
Chiefland and south to Naples, the Florida Department of
Agriculture and Consumer Services said. Citgo estimated about 30
locations were impacted by the contaminated fuel.
This content was created by Oil Price Information Service, which
is operated by Dow Jones & Co. OPIS is run independently from
Dow Jones Newswires and The Wall Street Journal.
--Reporting by Steve Cronin, scronin@opisnet.com; Editing by
Michael Kelly, mkelly@opisnet.com
(END) Dow Jones Newswires
October 31, 2023 11:16 ET (15:16 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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