Peru slates Camisea tender for May

Peru will call a new tender for the world-class Camisea natural gas project in May. A scheme proposed by units of Royal Dutch/Shell and Mobil Corp. to develop the fields in Peru's central southern jungle and market about 9 tcf of gas collapsed last year, over disagreements on gas prices, marketing/distribution, and other issues (OGJ, July 27, 1998, p. 20). The government disclosed last month that it would organize a new tender for the project this year (OGJ, Apr. 5, 1999, p. 34). Peruvian President Alberto Fujimori, who made the latest tender announcement Apr. 12, added that there are financial and technical details to the tender that have yet to be defined. The Camis...

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