Friday, September 11, 2015

Peruvian oil industry still plagued by social conflicts

On Friday, Argentine oil company Pluspetrol told the press that the oil wells and airfield of Lot 8 are being occupied by a group of people supposedly unconnected to the local indigenous communities. This outside group took control of the facilities by force on September 2nd, preventing the extraction of almost 50,000 barrels of oil per day.

Pluspetrol added, “This situation started under the pretext of supporting the strike organized in Loreto over the adjudication of Lot 192 to Petroperú, but despite the fact that the strike was lifted, this group continues to perpetrate criminal acts through force against the [Lot 8] installations.”

The debate and uncertainty over Lot 192 continues. On Thursday, Peruvian business journal La Republica interviewed Peruvian vice president Marisol Espinoza about the bill passed by the Peruvian Congress placing Petroperú in charge of operating Lot 192. Vice President Espinoza defended the bill and rejected criticisms that it violates the Peruvian constitution and undermines contract law. She described the law as “removing the straight jacket” that had prohibited Petroperú from growing and supporting the economic development of Peru.


In mining-related news, the Peruvian armed forces carried out another raid against illegal miners in the Madre de Dios region of Peru. This raid resulted in the capture of two illegal miners and the destruction of various machines and equipment used for illegal mining.

No comments:

Post a Comment