Tullow deal sparks controversy
20 May 2018
The Kuczynski administration’s award of five concessions to the Irish company Tullow Oil on the very day that Pedro Pablo Kuczynski resigned as president has sparked controversy. The deal concerns exploration activity offshore Piura. The Vizcarra government has described the timing of the concession as suspicious, and says that it will be the subject of further evaluation before any contract is signed.
The concessions would be for seven years and would be worth an estimated US$ 215 million. The deal is under investigation by the Comptrollers’ office.
The concessions aroused opposition from fishing communities in Paita and Sechura, concerned by the possible negative impacts of oil development on marine pollution.