MARSHALL, Mich. – A pipeline company says it expects $62 million in fines and penalties related to a 2010 Michigan oil spill.
In a filing Monday with the Securities and Exchange Commission, Enbridge says $55 million represents penalties under federal water law. The Alberta-based company says no final fine or penalty has been ordered yet as negotiations continue with the U.S. government.
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READ MORE: Enbridge, Michigan reach settlement over 2010 oil spill
Enbridge says about 20,000 barrels of oil spilled into the Kalamazoo River system, near Marshall, from a ruptured line in 2010.
Enbridge says total costs from the disaster are pegged at $1.2 billion. The company says most of the costs are covered by insurance.
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