Fund will benefit the district of Puinahua in Loreto. Also, the anti-corruption clause was incorporated into the exploitation and exploration contract that it maintains with Petrotal.
The Ministry of Energy and Mines (Minem), Through the Supreme Decree No. 006-2023-EM, modified the License Agreement for the Exploration and Exploitation of Hydrocarbons in the Lot 95, operated by Petrotal, and incorporated the Twenty-third Clause, referring to anti-corruption issues, and the Twenty-fourth Clause, which formally creates the Development Fund.
As previously reported, the Perupetro and PetroTal boards approved last December the contract modification project, which incorporates the Development Fund for the Puinahua district, an initiative that seeks to improve the quality of life and promote the development of the producing district. , in the province of Requena (Loreto).
In this regard, Petrotal reported that this Development Fund, to which the company contributes 2.5% of the value of its controlled oil production —provided that the operation and transportation of its production in the district is not paralyzed by social protests—, It will allow the financing of social development projects (basic and productive infrastructure) and interventions that will benefit the 18 localities of the Puinahua district and will guarantee the post-oil life of the producing district, where the Bretaña Norte field is located.
The company highlighted that, since January 2022, it has made biweekly contributions to the Background 2.5, which in October of last year made it possible to deliver the so-called extraordinary solidarity economic contribution to all Puinahuino citizens registered in the electoral roll as support in the context of the COVID-19 pandemic.
“He Background 2.5 It will be managed by an Administration Board, after approval of its regulations, which will identify and evaluate the most urgent and important social projects for the development of the towns of the Puinahua district,” Petrotal said in a press release.
Finally, the oil company stressed that the creation of the aforementioned fund obtained the support of all the participants in the Technical Table of Block 95, among them, the Presidency of the Council of Ministers, the Ministry of Energy and Mines, the social organizations represented by the Association Indigenous Development and Conservation of Bajo Puinahua (Aidecobap) and the Puinahua Board of Authorities (JAP).
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
