Firms Push Camisea Expansion

摘要

The consortium developing Peru's Camisea gas field said Wednesday that total investment in the project will exceed $3 billion by 2013, while proved, probable and possible reserves will rise to 14.1 Tcf from today's 12.1 Tcf. The information was released during a presentation to the media in Lima by Argentina- based Pluspetrol, which owns 27.2% of the project. According to Pluspetrol, the consortium last year began a fiveyear, $400 million exploration program to uncover new reserves in blocks 56 and 88.