Belco Petroleum Company

Timeline Events 2

1. Aug. 1, 1985

   Notice of termination of oil contracts

   President Alan García Pérez announced in Tacna that he will terminate the oil operation contracts entered into with Occidental Petroleum Corporation del Peru, Belco Petroleum Company and the Oxy-Bridas Consortium. The decision was based on the fact that these companies unduly benefited from tax benefits. This measure was part of …

   Tacna, Perú Informe CVR, página 106

   #política-económica #contratos-petroleros #alan-garcía #tacna #empresas-extranjeras #beneficios-tributarios
2. Dec. 27, 1985

   Culmination of oil negotiations

   On December 27, 1985, negotiations between the Peruvian government and foreign oil companies culminated. These negotiations took place in the context of President Alan Garcia Perez's decision to terminate the oil operation contracts with Occidental Petroleum Corporation del Peru, Belco Petroleum Company and the Oxy-Bridas Consortium. The government had announced …

   Perú Informe CVR, página 111

   #negociaciones-petroleras #empresas-extranjeras #alan-garcía #política-económica #contratos-petroleros