(Corrects source to state commission instead of Governor Bob Riley)
BIRMINGHAM, Sept 27 (Reuters) - Alabama expects to receive billions of dollars from BP Plc <BP.L> <BP.N> in oil spill penalties in the wake of the Gulf oil spill, a state commission said on Monday.
BP and the White House will likely reach an agreement soon on how much money from oil spill penalties will be available to four Gulf states that have been affected by the spill, the state Coastal Recovery Commission said in a statement.
"While we don't know the total or how it will be divided ... we have every reason to believe Alabama will suddenly have significant resources at its disposal, likely in the billions of dollars," the statement said. (Reporting by Peggy Gargis, writing by Matthew Bigg)
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