Peru gas pipeline to possibly link with Bolivia

The presidents of the two countries agreed to study a project that would grant Bolivia access to the Pacific coast of Peru by connecting into the existing pipeline from the Camisea Project.

The government of Peru signed the contract with the South Peru Gas Pipeline Consortium – made up of Odebrecht Latinvest (75 per cent) and the Spanish EnagÌÁs Internacional SLU (25 per cent) – on 23 July 2014 to build a gas pipeline in the country’s south, with investments of about $US5 billion.

The pipeline is considered key to the economic development of southern Peru and has been ruled as in the national interest by the Peruvian government.

Demand for natural gas from the 1,000 km, 32 inch pipeline is estimated at 500 MMcf/d initially, and could expand to 800 MMcf/d.

The project is designed to increase natural gas production for the domestic market and is scheduled to finish construction by March 2019.

The gas pipeline concession will be for 34 years, which represents the largest investment in infrastructure in Peru’s history.

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