Oil leak will be stopped, but can't say when: BP

The chief executive of BP PLC says the oil leak in the Gulf of Mexico will be stopped, but gives no estimate of when that might happen or how much it will ultimately cost.

LONDON: The chief executive of BP PLC says the oil leak in the Gulf of Mexico will be stopped, but gives no estimate of when that might happen or how much it will ultimately cost.

Tony Hayward said in an interview with the BBC broadcast on Thursday that it was too early to judge the cost of stopping the leak, mopping up the oil and compensating claims for damages.

Hayward says he thinks of the effort as a battle and adds, ``We will ultimately win it because ultimately one of the interventions to stop the leak will stop the leak.''
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › Oil leak will be stopped, but can't say when: BP
Text Size:AAA
Success
This article has been saved

*

+