Petro Star Sues BP Over $20M In Tariff Refunds

Law360, New York (April 5, 2011, 5:06 PM EDT) -- Alaskan oil refiner Petro Star Inc. on Monday sued a BP PLC unit for breaching a contract to sell crude oil by refusing to refund $20 million in overcharges for intrastate tariff rates for using the Trans-Alaska Pipeline.

In a complaint filed Monday in the U.S. District Court for the District of Alaska, Petro Star accused BP Oil Supply Co. of incorporating high tariff rates into the price it charged for crude oil and later, when those rates were deemed unlawful and lowered, of failing to...
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