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BP Estimates Liabilities of $61.6B Related to 2010 Oil Spill

stander
stander
in Oil, Gas and Energy News

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July 14 (Reuters) - BP Plc estimated its total pretax liabilities stemming from the 2010 Gulf of Mexico oil spill at $61.6 billion, higher than it expected last year.


The company said on Thursday any further claims related to the oil spill would not have a material impact, drawing the Deepwater Horizon incident near a close.


The company said its current estimates included a $5.2 billion charge related to the oil spill.


BP said in October it would pay more than $20 billion in fines to resolve nearly all claims from the spill, and estimated that pretax charges related to the spill at $53.8 billion.


http://www.rigzone.com/news/oil_gas/a/145654/BP_Estimates_Liabilities_of_616B_Related_to_2010_Oil_Spill


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