The Peruvian government has invited gas producing and transportation companies interested in participating in a forthcoming tender for the Camisea natural gas fields project to forward company data to state regulatory agency Perupetro SA.
The announcement of a tender last week follows the decision on July 15 by the combine of Royal Dutch/Shell and Mobil Corp. to not proceed with the Camisea project (OGJ, July 27, 1998, p. 40).
That left the Peruvian government free to start processing a tender for other companies to step in with their proposals for seeing the long-delayed, controversial project through to fruition. Associated with the gas fields development are a proposed pipeline to transport gas to Lima and a number of power generation projects.
The cost of the gas development was originally estimated at $2.5 billion when Shell/Mobil signed a 2-year evaluation contract in May 1996.
In July 1998, however, Shell told the government its latest estimate is $4 billion. It did not provide further details, according to Daniel Hokama, Peru's energy and mines minister.
The government in due course will provide details of the tender to companies interested in participating in it.
The Camisea gas field complex, located 500 km east of Lima at the foot of the eastern slopes of the Andes mountains, has proven natural gas reserves of 13 tcf and 750 million bbl of condensate, the government said.
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