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BP Announces 2nd Block Grant of $25 m to Alabama

Source: www.gulfoilandgas.com 6/10/2010, Location: North America

BP announced it is providing the State of Alabama with an additional $25 million grant to continue implementation of the State's Area Contingency Plan.

This $25 million grant is in addition to a previous $25 million block grant that BP announced on May 5 to help accelerate the implementation of the State's Area Contingency Plan, and a $15 million tourism grant announced on May 17.

"Working in partnership with the state is important to an effective spill response. So we are pleased to make these additional funds available pursuant to the Governor's request," said Doug Suttles, BP's Chief Operating Officer, Exploration and Production.

"These funds will be put to good use to help carry out the state's protection plan, including a project to fill in the Katrina Cut," said Governor Bob Riley.

This additional grant is another example of BP's commitment to help mitigate the impact of the oil and gas spill from the MC252 well on the State of Alabama.

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