Mitsui (Nasdaq:MITSY), which has refused to comment for the duration of the BP (NYSE:BP) oil spill, especially when it has been noted they've received bills from BP in connection with the disaster, reported it has received a bill from BP of $480 million.
The reason for the bill is Mitsui is a 10 percent partner in the project. Also being billed during the cleanup efforts has been Anadarko (NYSE:APC), which has also been billed.
Anadarko has been very verbal about not paying the bills, saying it was the reckless behavior of BP which led to the catastrophe. Mitsui, on the other hand, has refused to comment and has been on the sidelines watching until the appropriate moment. Anadarko has a 25 percent stake in the Macondo well.
Terms of their partnership include an arbitration clause, which the companies could enter into if BP continues to press the matter, as they seem to be more than willing to do.
4 comments:
Yet, they've issued an RNS stating:
Anadarko Petroleum Corp. (APC) said Tuesday it could potentially be liable for $1.5 billion to $2.5 billion in environmental damages under the nation's flagship oil-spill law as a designated responsible party in the Deepwater Horizon spill.
they're preparing to cough up, however much they're saying "not me!".
"if BP continues to press the matter...."
yeah, they might just do that Sherlock.
Yeah .... and oil is just black sticky stuff
My girlfriend never comes home, is that a bad sign?
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