Repsol begins gas production in Peru

Repsol has begun gas production from the Sagari field, located in block 57 in the Cusco region of Peru, reinforcing the company´s gas output drive in its reserves development strategy.

The start of production at Sagari will lead to a 25% increase in the block’s total output. Starting in January 2018, it will produce 5.6 million cubic meters per day: approximately one quarter of Peru’s total gas demand.

Repsol holds a 53.84% share and operates the Sagari field, partnered by CPNC of China with the remaining 46.16% stake.

Block 57 is located to the east of the Andes mountain range, in one of the most prolific gas production areas of Peru. The Repsol-operated Kinteroni field is also located nearby, and has been in production since 2014.

Previous articleOvako, FNsteel sign supply agreement
Next articleSunpower bags a RMB 41.5M contract
Stainless Steel World Publisher
Stainless Steel World is part of The KCI Media Group, a group of companies focused on building and sustaining global communities in the flow control industries. We publish news on a daily basis and connect business-to-business professionals through our online communities, publications, conferences and exhibitions.