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Hydrocarbons in the Amazon: Awakening Old Inequalities

Hydrocarbons in the Amazon: Awakening Old Inequalities

Tuesday, April 20, 2010

By: Patricia Vasquez

Private oil companies invested $800 million in Peru in 2009 alone, and another $1 billion is planned for investments in natural gas developments between 2010-2013, as Peru is rapidly on its way to becoming Latin America’s first exporter of liquefied natural gas (LNG). New oil and gas revenues have contributed to Peru’s steady economic growth. But growing opposition from indigenous groups to these new hydrocarbons projects is polarizing Peru’s already highly unequal society and creating danger...

Economics & Environment

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