Decision awaited on remote Candamo Valley

Peru

The future of the Candamo Valley, a pristine corner of the Amazon rainforest in southeastern Peru, might soon become clearer. In September, a consortium of oil companies led by Mobil Corp. must give up drilling rights to 25% of a vast exploration block that includes the highly prized valley. But which 25%? As Mobil prepares to answer that question, conservationists are pressing the consortium to give up their claims to Candamo. The valley, which conservationists call one of the world’s last jungles uninhabited by humans, is located at the foot of the Andes in the southeastern tip of Peru’s Puno Department, near the Bolivian border. The 350,000-acre (142,000-hectare) watershed, a land of thundering waterfalls, sandy beaches and crystalline rivers, has been dubbed the... [Log in to read more]

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