Campaigners condemn BP’s ‘under-the-radar’ merger in Argentina

Press Release 19 Dec 2017 anna

For immediate release
19 December 2017

Campaigners condemn BP’s “under-the-radar” merger in Argentina

BP has announced that the merger of its Argentinian arm Pan-American Energy and the Argentinian-Chinese downstream company Axion Energy is now complete.[1]

Platform campaigner Anna Markova commented,

BP’s announcement is perfectly timed to attract the least attention possible, both in the UK and in Argentina where a huge government crackdown on protest is in progress. This under-the-radar merger could create the largest private integrated oil company in Argentina, with significant influence over internal hydrocarbons prices, and a crucial role in Argentina’s controversial shale gas mega-project, Vaca Muerta.

BP/PAE machinery at Lindero Atravesado. Credit: Martín Alvarez Mulally – OPSur

A report released by Platform and Observatorio Petrolero Sur earlier this year[2] demonstrated that

The offices of Argentinian organisation Observatorio Petrolero Sur were ransacked three days prior to the release of the report,[3] amid escalating repression against civil society in general and resistance to fracking in particular.





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