Hunt Oil making making big play in Peru

[Judi Lynn]

Hunt Oil making making big play in Peru
But liquid natural gas project faces series of questions

01:15 AM CDT on Sunday, June 25, 2006
By JIM LANDERS / The Dallas Morning News

A cool, soft fog sits on sandy cliffs shielding the largest foreign investment in Peru's history from the Pacific Ocean. In four years, the white towers, tanks and tubes of a $2.5 billion gas liquefaction plant run by Hunt Oil Co. of Dallas are expected to rise up on this site.

It's not much to see yet. Giant dump trucks pour tons of sand and stones over the 400-foot cliffs, where the detritus of excavation mixes with the landslides of earthquakes. Footpaths lead barefoot fishermen down to the beach. Schools of pelicans glide over the rough, green-gray surf.



JIM LANDERS/DMN
A crew works on the Camisea natural gas
pipeline project at a planned bridge site
over a jungle ravine.

Whether this desolate site is transformed into an expensive superchilling machine pumping liquefied natural gas into supertankers depends on faraway bankers and auditors.

They are looking at not just the fiscal soundness of this beach project, but also the engineering integrity of pipelines crossing Andean peaks and Amazon jungle ravines from gas wells near the Camisea River.
(snip)

Amazon Watch had managed to block financing at the U.S. Export-Import Bank for the first phase of Camisea over concerns that the project would irreparably harm the rain forest and disrupt the culture of native peoples in the region, some of whom avoid all contact with the outside world.
(snip/...)

http://www.dallasnews.com/sharedcontent/dws/bus/stories/062506dnbuscamisea.2811d13.html



H. L. Hunt

[SoCalDem]

1. "...desolate site..."

translates into natural beauty , the way nature intended..