First payment from 2010 BP Oil Spill settlement expected Friday - WAFB 9 News Baton Rouge, Louisiana News, Weather, Sports

First payment from 2010 BP Oil Spill settlement expected Friday

Source: Greenpeace Source: Greenpeace
BATON ROUGE, LA (WAFB) -

Louisiana will get $200 million Friday as the first portion of the settlement with BP for economic damages stemming from the 2010 oil spill. 

It's the first payment of up to a million dollars expected to be paid to Louisiana over the next 15 years.

This is money that is separate from the nearly $6 billion coming to the state in other civil penalties for environmental law violation.

That money is required to be set aside for coastal restoration projects.

Copyright 2016 WAFB. All rights reserved. 

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