13th Jul 2015 05:18
LONDON (Alliance News) - Tens of thousands of businesses seeking compensation in relation to BP PLC's 2010 oil spill in the Gulf of Mexico have filed claims that are yet to be fully processed, according to a Financial Times report on Sunday.
Should the past pattern of payments continue, the report said the cost of the claims to BP will be at least USD2 billion more that it has set aside.
The report said that BP declined to comment on the FT's calculations.
Earlier in July, BP reached an USD18.7 billion deal to settle all US federal, state and local government claims arising from the spill.
http://www.ft.com/cms/s/0/52cf6c3a-28af-11e5-8db8-c033edba8a6e.html#axzz3fi8rnSnQ
By Samuel Agini; [email protected]; @samuelagini
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