Gosh, Peru may fine state oil company big bux for oil spill

Venezuela and Ecuador, especially, could learn from this. Peru fines Petroperú for spilling oil. Real fines, too — max fine could be over US$50 million.

The Environmental Evaluation and Investigation Organization (OEFA) says it has started an administrative sanction proceeding against Petroperú for the 30 June 2014 oil spill in Segment I of the Oleoducto Norperuano, near where it crosses the Cuninico river, in the Urarinas district, province and region of Loreto.

It says the possible infractions that took place include spilling oil, which can be fined as much as 10,000 tax units, or about 38 million soles ($13.5 million).

The state oil company also may have failed to comply with its environmental management instrument, first by failing to maintain the pipeline, which can be fined as much as 57 million soles ($20.3 million) and second by not having detected and controlled the leak promptly, which can also be fined as much as 57 million soles.

More here, in Spanish.

No wonder the government wants to strip the OEFA of its power.