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Peru action simmering despite privatization delays

Journal Article · · Oil and Gas Journal
OSTI ID:89587
After months of delays, the sale of Petroleos del Peru SA (Petroperu) was postponed earlier this year until after the elections, which saw Peru`s incumbent President Alberto Fujimori reelected. In June, Fujimori appointed Amado Yataco Minister of Energy and Mines. Yataco, also serving as president of the privatization commission Copri, said a decision on the sale of Petroperu would be made quickly, perhaps by July 28, ahead of this report`s presstime. The uncertain status of Petroperu has not, however, slowed activity in Peru`s petroleum sector. The paper first discusses privatization plans and Petroperu`s budget, then describes exploration and development activities in the supergiant Camisea gas/condensate fields in the central southern jungle. Activities in several smaller fields are briefly described.
OSTI ID:
89587
Journal Information:
Oil and Gas Journal, Journal Name: Oil and Gas Journal Journal Issue: 32 Vol. 93; ISSN 0030-1388; ISSN OIGJAV
Country of Publication:
United States
Language:
English

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