Peru will hold off on launching an international auction for 25 oil blocks in the first half of 2015 as energy companies grapple with low crude prices, the country's Energy and Mines Ministry said Friday. The South American nation had planned to open bidding on the rights to develop 19 Amazonian oil blocks and another six offshore blocks in the first half of 2015. But a collapse in the price of oil has sapped interest, Ortiz said ( OD Mar.6'15 ).
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