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BP meets deadline for oil spill payments

06-30-2010 08:29 BJT

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BP has readjusted the cost of its oil spill response to 2.65 billion US dollars. Meanwhile a tropical storm blowing across the Gulf of Mexico is threatening to hamper the cleanup operation.

BP met a July 1st deadline to pay the U.S. government for its initial costs in responding the Gulf of Mexico oil spill.

The Obama administration says BP made two payments totaling around 71 million dollars earlier this month. BP is still reviewing and processing a third bill for 51.4 million dollars.

Meanwhile, fears are growing that high winds caused by a hurricane elsewhere in the region may hamper oil containment efforts. Forecasters say hurricane Alex is expected to grow in strength, sending waves and stormy winds towards the spill location.

But BP says the storm is unlikely to affect its operation. They say they are on course to drill a pair of relief wells, intended to plug the leak by August.

There is even speculation that the hurricane may serve to give nature a hand - and help disperse and break down the crude oil from the massive spill.


Editor:Zhang Pengfei |Source:

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