Peru's natural gas industry may see as much as US$1.3bn in investment through 2022 as distributors seek to expand their businesses.
The facility will be streamed with rich gas from the Mana and Toqui-Toqui fields, producing a mixture of liquefied petroleum gases (LPG), gasoline and methane gas.
Sixteen companies have so far qualified to take part in the October 4 auction.
A new bill being prepared by Brazil's energy ministry should bring great changes to the country's natural gas market, especially regarding its opening. BNamericas spoke to Sylvie D'Apote, consultant at Prysma ET&T, about how consumers and producers are preparing for the changes in the pipeline.
The UK-based oil company maintained its intention to sanction the Sea Lion Phase 1 project, which will require US$1.5bn of capital expenditure to first oil, in 2018.