BP says spill bill now tops $3 billion - WSFA.com Montgomery Alabama news.

BP says spill bill now tops $3 billion

Associated Press - July 5, 2010 4:14 AM ET

LONDON (AP) - BP says that it has now spent more than $3 billion in attempts to stop an oil leak in the Gulf of Mexico and to settle damage claims.

The oil company said Monday that is has spent $3.12 billion so far in responding to the spill, attempting to contain oil, paying claims and reimbursing the U.S. and local governments.

BP says it has spent $147 million settling 47,000 claims for payment - or about half of the claims submitted so far.

The spill began April 20 with an explosion and fire aboard the Deepwater Horizon platform, killing 11 workers.

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly