By an OGJ Online Correspondent
LIMA, Feb. 6 -- US firm Hunt Oil Co. this week will sign an $8.5 million basic engineering and design contract for a Camisea gas liquefaction plant with Halliburton KBR, a Halliburton Co. company formerly called Kellogg Brown & Root.
The $8.5 million contract is part of a technical feasibility study led by Hunt to consider the selection of liquefied natural gas or gas-to-liquids technology for exporting natural gas products from the Peruvian project when it comes on stream by August 2004 (OGJ Online, Sept. 4, 2001).
The companies estimate the cost of the project at $1.6 billion, without the LNG or GTL operation, which would double the cost.
Halliburton KBR should complete the contract in March 2003.
Meanwhile, upstream operator for Camisea project Pluspetrol has begun shipping equipment for field development to the Camisea site in the jungle region 500 km east of Lima.
Authorities still must approve the environmental impact assessment for the gas pipeline to the coast.
