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“10 years of Camisea: The natural gas revolution in Peru”

Author: The Oil & Gas year.com, Published on: 27 February 2016

…While Peru had previously produced large quantities of oil, natural gas had never been considered desirable, and large reserves remained untapped…A new Camisea Consortium was awarded the concession for production, made up of US-based Hunt Oil (35.2 percent), Argentinian Pluspetrol (27.2 percent), South Korea’s SK Corporation (17.6 percent), Algerian company Sonatrach (10 percent) and Argentinian Tecpetrol (10 percent). Repsol later bought a 10 percent share of the consortium from Hunt Oil…Ownership [for transportation] has changed greatly since construction began, and shareholders are currently as follows: Grupo de Energia de Bogota 23.6 percent, Enagás 22.4 percent, Sonatrach 21.2 percent, SK Corporation 11.2 percent, GDF Suez 8 percent, Canada Pension Plan Investment Board 10.4 percent, and Graña y Montero 2.98 percent..[Refers to Export-Import Bank of the United States, Citibank Group, Repsol and China National Petroleum Corporation]…

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