“TGP has made considerable advances in this process of amplification and it’s likely to be ready by the end of the year,” Mr Sanchez told local news sources.
The pipeline’s capacity is expected to increase from 314 Mcf/d of gas to approximately 450 Mcf/d of gas via additional compression in order to feed Peru’s growing demand for fuel, which has doubled in the last year.
The Camisea Gas Field is situated in the San MartÌ_n Reservoir, located in the Amazon rainforest, and is connected to the Port of Pisco via the Camisea pipeline. The first leg of the pipeline is approximately 560 km in length, passing through the Andes mountain range via the Malvinas gas processing plant to Paracas, located near Pisco. A second 715 km pipeline runs from Malvinas along the coast to Lima and Callao to supply gas for domestic use.
The Camisea consortium, which includes TGP, Argentina’s Pluspetrol and US-based Hunt Oil, has estimated that the Camisea Gas Field could contain up to 14.1 Tcf of proven gas reserves that will last until 2047.