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Latest Camisea Gas Project Stories

2008-10-09 06:00:35

Conduit Capital Partners, a private equity investment firm, has announced that its subsidiary, Kuntur Transportadora de Gas, has been awarded a 30-year concession contract by the government of Peru to build a 700-mile pipeline that will carry natural gas from the Camisea gas fields to the port of Ilo in southern Peru. Development and construction costs for the pipeline, known as the Gasoducto Andino del Sur (GAS), are estimated to be $1.4 billion. The pipeline will deliver attractively...

2008-10-08 09:00:42

Conduit Capital Partners LLC, a private equity investment firm focused on infrastructure investment and development in Latin America and the Caribbean, today announced that its subsidiary, Kuntur Transportadora de Gas, S.A.C. ("Kuntur"), has been awarded a 30-year concession contract by the Government of Peru to build a 700 mile pipeline that will carry natural gas from the Camisea gas fields to the port of Ilo in Southern Peru. Development and construction costs for the pipeline, known as...

2008-09-10 09:00:41

Researched by Industrial Info Resources (Sugar Land, Texas) -- On August 20, Brazilian President Luiz Inacio Lula da Silva and other authorities inaugurated the 7 million-cubic-meter-per-day Pecem liquefied natural gas (LNG) receiving and regasification terminal in northeastern Brazil. The facility is operated by Transpetro, a Petrobras (NYSE:PBR) (Rio de Janeiro, Brazil) subsidiary, at the Port of Pecem. The LNG from the terminal will be used mainly to supply thermoelectric plants, such as...

2008-08-20 09:01:21

Researched by Industrial Info Resources (Sugar Land, Texas) -- Construction on the second phase of the Camisea pipeline project, launched in July 2007 by Peru's Ministry of Energy, is progressing smoothly. The $3.8 billion liquefied natural gas (LNG) project is scheduled to go into operation in 2010 and export gas from Camisea block 56. The project is being handled by Peru LNG, a consortium formed by Hunt Oil Company (Dallas, Texas) (50%), SK Energy Company Limited (SEO:096770) (Seoul, South...

2008-08-04 12:01:17

By ALEX EMERY Peru plans to choose the operators of two natural-gas pipelines in September as it tries to boost gas consumption and reduce the Andean country's dependence on crude oil imports, President Alan Garcia says. The Energy & Mines Ministry will pick operators for a 675-mile pipeline to the south coast from the southern jungle Camisea gas fields, and to the northern coastal port of Chimbote from Lima, Garcia said in his annual state-of-the-nation speech to...

2008-06-26 21:02:32

LIMA, Peru, June 26 /PRNewswire/ -- PERU LNG announced today that they have secured $2.25 Billion in loans from third party credit agencies to finance the construction of the PERU LNG project. The PERU LNG project is the largest direct foreign investment in Peru's history, with a total project cost estimated at $3.8 Billion including financing costs. (Photo: http://www.newscom.com/cgi-bin/prnh/20080626/LATH535-a) (Photo: http://www.newscom.com/cgi-bin/prnh/20080626/LATH535-b)...

2006-03-05 13:17:11

LIMA, Peru (Reuters) - Peru's Camisea gas pipeline has leaked for the fifth time in 18 months, causing a fire and injuring two people, its operator said on Sunday, following warnings of ruptures because of poor pipe construction. Pipeline operator Transportadora de Gas del Peru (TgP), a consortium led by Argentina's Techint, said the 430-mile (720-km) pipe on Saturday leaked 750 cubic meters of natural gas in Peru's southern jungle region, home to one of the world's most biodiverse...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.