BP says it will pay for Gulf of Mexico oil spill damage

May 3rd, 2010 - 6:40 pm ICT by IANS  

Barack Obama London, May 3 (DPA) British Petroleum (BP) reiterated Monday that it would take “full responsibility” for the consequences of the oil spill in the Gulf of Mexico and “pay all necessary and appropriate clean-up costs”.
“BP is committed to pay legitimate and objectively verifiable claims for other loss and damage caused by the spill,” a fact sheet for claims and procedures read.

A spokeswoman Monday repeated a pledge given by Tony Hayward, BP chief executive, at the end of last week that the company would “honour legitimate claims for damages”.

“This may include claims for assessment, mitigation and clean-up of spilled oil, real and property damage caused by the oil, personal injury caused by the spill, commercial losses including loss of earnings/profit and other losses as contemplated by applicable laws and regulations,” the fact sheet said.

It added that BP had established a toll-free claims line for spill-related claims.

The spokeswoman confirmed earlier estimates indicating that current efforts to contain the spill and secure the well were costing the owners of the Deepwater Horizon offshore rig about $6 million per day.

She added that BP has its own in-house insurance. However, it was “far too early to quantify” the total cost of the damage.

BP said last week it had deployed the “full extent of BP’s global resources and capability” to combat the spill. More than 2,500 personnel were involved in a major protection and cleaning effort on the shorelines of Louisiana, Mississippi, Alabama and Florida.

US President Barack Obama, visiting the region, said Sunday: “BP is responsible for this leak; BP will be paying the bill”.

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