Gulf of Mexico oil spill trial delayed a week for settlement talks - BP

27 February 2012 08:45  [Source: ICIS news]

SINGAPORE (ICIS)--A US district court has delayed the trial that will decide who should pay for the 2010 Gulf of Mexico oil spill disaster by a week, oil and gas major BP said in a statement over the weekend.

The trial has been pushed back to 5 March from 27 February, BP said in a statement posted on its website on 26 February.

The delay will allow BP and the Plaintiffs’ Steering Committee (PSC) more time to continue settlement discussions and attempt to reach an agreement, the statement said.

“BP and the PSC are working to reach agreement to fairly compensate people and businesses affected by the Deepwater Horizon accident and oil spill,” it said.

“There can be no assurance that these discussions will lead to a settlement agreement,” it added.

The Macondo well off the coast of Louisiana blew out on 20 April 2010, killing 11 people and sinking the Deepwater Horizon rig, leading to the largest oil spill in Gulf history.

By: Nurluqman Suratman

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