Tiger attack costs Shell $700,000

The Sri Lankan unit of Royal Dutch Shell suffered damages of at least 700,000 dollars in an air attack by Tamil Tiger rebels last month, the company said yesterday.

Two bombs exploded at the Anglo-Dutch company's storage facility on the outskirts of Colombo, damaging one of its four storage terminals and disabling its fire-fighting operations, the company said.

"There was big damage to our fire-fighting facility and we estimate it will cost us in excess of 75 million rupees (700,000 dollars) to put things back," Shell's Sri Lankan country director, Hassan Madani, told reporters here.