Tokyo-Mitsui reiterated September 22 that it is withholding payment through its affiliate MOEX Offshore for its share of any financial liability for the Macondo disaster in the Gulf of Mexico. “Mitsui cannot estimate the potential liability of MOEX Offshore or its affiliates resulting from the Deepwater Horizon incident at this time,” the company said in a statement. Mitsui has not been able to determine the impact, if any, the incident will have on its future consolidated operating results, financial position or cash flows, the company said.
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