Gas: Russia agrees to Peru

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Alexander Medvedev, deputy chairman of the board of the Russian group Gazprom, announced Monday that Russia was developing a program for development of gas sector in Peru.

The latter will take shape under an ad hoc agreement to be signed in the coming months.

"Having developed the overall development of the gas industry, the group will identify concrete projects to implement in Peruvian territory," he said Monday.

According to him, Peru has gas reserves which need to be evaluated. If we do referrer data provided by the state Perupetro, hydrocarbons are expected to attract 12.5 billion dollars (9.9 billion euros) investment in nine years.

Russia is also interested in the possibility of liquefied natural gas (LNG) from Peru to Mexico. This could be the final goal ....

The gas reserves of Camisea, near Cuzco, could overcome the shortcomings of Bolivia with respect to Argentina and Chile.

Note also that the Algerian company Sonatrach has made for its share of profits in Peru. Daily Finance and Investment Tips / Make Money by Learning