Indigenous Group Refuses to Abandon Pluspetrol Installments
A group of citizens from the indigenous communities of the Río Corrientes basin in Peru's Loreto department has refused to abandon Argentine oil company Pluspetrol's installments on blocks 1AB and 8.
The inhabitants have remained on Pluspetrol's complexes despite a ministerial resolution passed Sunday to implement agreements reached between Pluspetrol and Corrientes community members, the energy and mines ministry (MEM) said in a statement.
The occupation is paralyzing Pluspetrol's operations in the blocks.
In addition, the protests raise the possibility of a fuel shortage in Iquitos and Loreto department, and also "puts the integrity of the people and the solution to the local populations' demands at risk," the statement said.
Pluspetrol in August produced 29,592b/d of hydrocarbons liquids on block 1AB and 17,839b/d in block 8, according to ministry figures.
Visit BNamericas to access our real-time news reports, 7-year archive, Fact File company database, and latest research reports. Click here for a Free two week trial to our Latin America Oil & Gas information service.
- Government: Bids on Peru's Biggest Oil Block to Start in April (Mar 06)
- Pluspetrol Interested in Bidding on Peru's Biggest Oil Block (Feb 11)
- Argentina's Pluspetrol to Buy Apco Oil and Gas for $427 Million (Oct 03)