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Weekly Report - 31 May 2018 (WR-18-21)

Peru’s Vizcarra cancels Tullow Oil contracts

Like his predecessors, Peru’s President Martín Vizcarra is having to reach a tricky balance between economic development, environmental protection, and the integrity of public procurement. One sign of Vizcarra’s cautious approach is the decision to cancel five offshore oil contracts awarded to London-based Tullow Oil.

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