Peruvian Camisea Pipeline Project to Receive Environmental Permits

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Researched by Industrial Info Resources (Sugar Land, Texas)--Gasoducto Andino del Sur is a proposed pipeline to be developed as part of the Camisea Project in Peru. The developer in charge is Kuntur Company, which is a subsidiary of Conduit Capital Partners LLC (New York, New York), in conjunction with Odebrecht (Santos, Brazil) and Petrobras (NYSE:PBR) (Rio de Janeiro, Brazil).

The gas line is set to receive two trillion cubic feet of natural gas reserves. The total production capacity of the project will reach 37 trillion cubic feet, and the gas that will feed Gasoducto Andino del Sur will come from blocks 88 and 57, which are operated by Petrobras.

Odebrecht could begin the construction of the pipeline, which will be operated by Kuntur, in 2011. The pipeline will run from Malvinas (Cuzco, Perú) and will reach to Juliaca (Puno, Perú), Matarani (Arequipa, Perú) and Ilo in Moquegua. The pipeline also will have distribution lines to Quillabamba, Cuzco, Puno, Arequipa, Moquegua and Tacna.

Odebrecht officials said that environmental approvals will be ready in a few months, and that final commercial and purchasing agreements are being discussed. The construction of the pipeline probably will begin in the first or second quarter of 2011, and it could take two years to be completed.

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