Sidoarjo mud volcano

Friends of the Earth reports about the Sidoarjo mud volcano in Indonesia, company responses and non-responses

In June 2007, Friends of the Earth issued the following reports about the mud volcano by the Lapindo Brantas gas exploration project:

"Major international banks finance catastrophic mud volcano - Lapindo Brantas is shirking its responsibility for the damage" 21 June 2007

"[PDF] Lapindo Brantas and the mud volcano Sidoarjo, Indonesia" 15 June 2007

"[PDF] The financing of the three Brantas PSC companies" 19 June 2007

Business & Human Rights Resource Centre invited the 5 banks and the 3 companies involved in the Brantas production sharing contract to provide responses:

Responses / non-responses by the 5 banks:

- Barclays response [DOC]

- Credit Suisse response [PDF]

- Fortis response [DOC]

- Merrill Lynch declined to respond

- Natixis has not yet responded - if we receive a response we will include it here

Responses / non-responses by the 3 Brantas production sharing contract companies

- Santos response [DOC]

- Medco Energi indicated it has sold its interest in the project

- Energi Mega Persada has not yet responded

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Autor/in: Compiled by Business & Human Rights Resource Centre

[In June 2007, Friends of the Earth issued reports about the mud volcano by the Lapindo Brantas gas exploration project in Indonesia, and called on major banks investing in the project to withhold further loans to Lapindo Brantas until it compensates...

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