Oneok $930mn downstream claim settlement lower than feared
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Oneok $930mn downstream claim settlement lower than feared

Samuel Casey
10 January 2023
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Oneok has settled its downstream claim relating to the explosion at a plant in Oklahoma for $930mn, a sum substantially below earlier fears in the market.

The agreement comes as welcome news to loss-hit downstream underwriters, who are counting the cost of numerous substantial claims in 2022.

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Energy News Claims and losses
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Samuel Casey
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