Camisea project green light hits another delay

A final green light for Peru's Camisea natural gas megaproject has run into another last-minute delay just as the winning consortia were preparing to sign the final contracts.Those signatures have been put on hold in order to evaluate details, according to Carlos Herrera, Peru's new energy and mining minister. The minister said that the contracts will be signed within a reasonable time, although a date has yet to be set. The signing was originally postponed from Nov. 28 to a tentative Dec. 5 (OGJ Online, Nov. 28, 2000), following ex-Pres. Alberto Fujimori's surprise resignation last month and the inauguration Nov. 22 of new Pres. Valentin Paniagua, who appointed a new cabinet....

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