Anglo-French company has oil seized and sold
April 28, 2009
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Almost three quarters of a million barrels of oil seized from Anglo-French company Perenco will be auctioned by Ecuador’s government.
The announcement was made by PetroEcuador after a fall-out with Perenco amid accusations that the company owes the government more than three hundred million dollars in unpaid taxes.
Perenco is currently courting controversy in neighbouring Peru where Indigenous protesters have blocked a main Amazon tributary, the Napo River, and are prohibiting Perenco and other company boats from passing. According to reports, at least one Perenco boat has broken through the blockade.
Meanwhile, Perenco’s president, Francois Perrodo, met Peru’s president Alan Garcia in Lima at the end of last week.
Perenco’s work in Peru, in an area of the rainforest called ‘Lot 67’, is home to at least two of the world’s last uncontacted tribes. Survival and other organisations are urging Perenco to withdraw from the area.
