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Enbridge Inc sees oil spill costs of C$6.6 million
August 18, 2010 / 11:06 PM / 7 years ago

Enbridge Inc sees oil spill costs of C$6.6 million

CALGARY, Alberta (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 disclosed on Tuesday that its costs could be $35 million to $45 million after insurance payments.

The company is still waiting for U.S. regulators to respond to its reworked plan to restart Line 6B, Jordan said.

Reporting by Jeffrey Jones; editing by Andre Grenon

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