BP agrees on the question of the Gulf oil spill

Oil and gas giant BP PLC (ADR) (NYSE: BP) has reached an agreement with thousands of people and businesses affected by the oil spill in the Gulf of Mexico by 2010. The agreement is estimated to be of British society over $ 78 hundred millionth

The agreement, which requires approval by a judge, you create two categories of claims, economic loss and health. The category includes companies with economic losses, the owners and people who suffered economic losses from an oil spill. The category of medical claims, now includes a number of people who suffered health problems due to the spill of 87 days. Medical claims include a number of cleanup workers.

In a statement, Stephen Herman and James Roy, lawyers for the plaintiff class, the agreement will provide a comprehensive level of compensation for hundreds of thousands of people in a transparent and timely monitoring of judicial rigor. Herman and Roy said that the solution has the greatest amount of good for the greatest number of people.

BP will pay the remaining amount of $ 20 million that will be created to compensate for residents and businesses in the Gulf Coast who were affected by the spill was.

Bob Dudley, chief executive of BP, said the proposed agreement is an important step towards solving the problems of the DeepwaterHorizon accident and further contribute to the efforts of economic and environmental remediation along the Gulf Coast.