BP to Donate Oil Spill Revenue to Wildlife Foundation
    2010-06-23 05:25:08     Xinhua      Web Editor: Jiang Aitao
 

June 20, 2010, Grand Isle, Louisiana, USA: A thunderstorm passes by Grand Isle halting clean up operations. Work crews are not allowed to be on the beach when lightening is within 10 miles. An oil skimmer boat heads away from the storm off of Grand Isle State Beach. [Photo: Carolyn Cole/CFP]

Related: Judge Blocks Gulf Offshore Drilling Moratorium

Special: Oil Spill Impact

British oil giant BP said Tuesday it would donate net revenue from the oil it recovers from the oil spill in the Gulf of Mexico to the National Fish and Wildlife Foundation.

BP said in a new release that it would provide 5 million U.S. dollars to the group immediately, "to ensure that their work can begin even as initial oil collections from the Discoverer Enterprise enter the refining process. "

"With its successful 25-year track record of identifying and funding solutions to America's toughest conservation challenges, the National Fish and Wildlife Foundation is a strong and responsible steward for this money from the wildlife fund," said Tony Hayward, BP's chief executive officer.

Jeff Trandahl, the executive director of the National Fish and Wildlife Foundation, said the organization plans to direct the money "to projects that bring the greatest benefit to the wildlife of the affected Gulf Coast States."

A team of government scientists charged with studying the spill rate estimated that between 35,000 and 60,000 barrels a day are emanating from a ruptured underwater wellhead.

On June 21, BP collected a total of 25,830 barrels of oil from subsea containment systems on the well. About 15,560 barrels were collected and 10,270 barrels of oil were flared.

BP plans to stop the oil leak by August, when its two relief wells are completed.

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