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Colombia - gas pipeline

Following a mediation process which took place in Bogotá in June 2006, BP Exploration Company (Colombia) Limited and the Colombian farmers group an amicable settlement of the dispute in relation to the OCENSA pipeline was reached, with no admissions of liability.

The precise terms of the amicable settlement were based on the establishment of an Environmental and Social Improvement Trust Fund by BP Colombia for the benefit of the farmers, in conjunction with a programme of workshops for the farmers dealing with issues such as environmental management, business development and other topics requested by the farmers.

The Colombian farmers were pleased with the outcome of the mediation and were of the view that BP Colombia acted in a fair, committed and sympathetic manner in dealing with their situation during the course of the mediation.

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