United States: Enbridge Inc sees oil spill costs of C$6.6 million

Posted by Washington Post: Juliet Eilperin on August 18th, 2010
Reuters: Enbridge Inc expects its costs as a result of the pipeline break and oil spill that fouled a Michigan river system last month will be about C$6.6 million ($6.4 million) after insurance recoveries, a spokeswoman said on Wednesday. The amount, which would exclude any fines related to the July 26 spill near Marshall, Michigan, reflects its 27 percent stake in U.S. affiliate Enbridge Energy Partners LP, said Gina Jordan, spokeswoman for Calgary-based Enbridge Inc. Enbridge Energy ......

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