Home » NEWS » Energy » Gulfport accepts $4.4 million settlement from BP
Deepwater Horizon

Gulfport accepts $4.4 million settlement from BP

GULFPORT — The city of Gulfport is accepting $4.4 million from BP as part of a group settlement of local government claims for economic losses caused by the 2010 BP oil spill.

Multiple media outlets report that Mayor Billy Hewes and the city council made the announcement Monday following a closed-door session.

Earlier this month, BP and five coastal states announced a deal to provide $18.7 billion in new money to the states. Mississippi will receive more than $2 billion from that settlement.

Last week, the city of Biloxi accepted a $4.9 million settlement with BP.

The Deepwater Horizon disaster killed 11 rig workers and spewed millions of gallons of crude.

Hewes says the city will likely spend the money on infrastructure projects that the council is considering for the upcoming year.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Associated Press

Leave a Reply

Your email address will not be published. Required fields are marked *

*