ConocoPhillips has sold share in Peru oil block criticised by indigenous groups

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Author: La República [Perú]

El gigante petrolero…ConocoPhillips…se retirará del polémico Lote 39 en...la Amazonía peruana...tras la oleada de indignación global al conocerse el riesgo...para las vidas de dos pueblos indígenas no contactados que viven en la zona...[M]ás de 50 ONGs internacionales firmaron la carta de Survival que pedía a las petroleras Repsol, Perenco y ConocoPhillips que se retirasen inmediatamente de la región. Los indígenas aislados carecen de inmunidad frente a las enfermedades…y podrían reaccionar de forma violenta si sus territorios se ven amenazados. ConocoPhillips tenía el 45% de las acciones del Lote 39, cuya participación mayoritaria corresponde a...Repsol-YPF...Perenco construirá un oleoducto desde esa misma zona que destruirá grandes extensiones de selva y atravesará el territorio de los indígenas.

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Article
11 May 2011

ConocoPhillips abandons Peru oil block amid local uproar

Author: Barrett Goldsmith, Houston Business Journal

ConocoPhillips CEO Jim Mulva said Wednesday the company has sold its 45 percent interest in the controversial Block 39 in the Peruvian Amazon to an unnamed buyer...ConocoPhillips (NYSE: COP) had been harshly criticized by indigenous peoples who claimed oil and gas exploration in the area would destroy their way of life and introduce diseases to the isolated communities...The Peruvian government, having identified significant oil reserves in the region, has already set aside 75 percent of the Amazon within its borders for exploration and production, and an additional 22 blocks will be set aside in the coming months, according to a press release by a coalition of environmental and human rights advocates under the umbrella organization Amazon Watch. [aslo refers to Repsol YPF, Perenco]

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