BP oil spill cost rises to over $3 bn

By DPA,

London: The cost of clearing up the oil spill in the Gulf of Mexico has exceeded $3 billion, oil giant BP said in London Monday.

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The company said the cost had reached $3.12 billion since the explosion of the Deepwater Horizon platform April 20.

The figure includes $147 million paid out in compensation to residents affected by the spill.