IL Pipeline Leak Will Cost $60M

Wednesday, September 22, 2010 @ 09:09 PM gHale


The company behind a pipeline leak this month near Chicago said it will cost up to $60 million to clean up the area where hundreds of thousands of gallons of oil spilled.
Enbridge Energy Partners LP said its estimate of $40 million to $60 million doesn’t include potential penalties. It said insurance money should reduce the total charge for the cleanup to $10 million to $15 million.
The Sept. 9 leak spilled oil into vegetation, a retention pond and a sewage treatment plant in Romeoville, IL. The line remained closed for about a week, disrupting delivery of as much as 670,000 barrels of oil products a day to Midwest refineries and causing a jump in crude oil and regional gasoline prices.
Federal officials have said they have recovered more than 250,000 gallons of oil from the site. Their investigation is ongoing. Enbridge Energy said it expects remediation efforts to continue through the end of the year.
Officials closed the pipeline within hours after detecting the leak. Crews replaced a 12-foot section of damaged pipe before reopening the line.
This pipeline is the third owned by Canada-based Enbridge Inc. that ended up out of commission this summer. Enbridge also owns a pipeline from Indiana to Ontario that in July spilled hundreds of thousands of gallons of oil into a southern Michigan waterway, where cleanup is ongoing.



Leave a Reply

You must be logged in to post a comment.