Page 12 - LatAmOil Week 12 2023

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It also said it was gearing up to take control of the the FPSO takeover will be subject to fulfilment
FPSO Cidade de Vitoria from Saipem. or waiver of the existing conditions of the deal,
Preparations for these acquisitions will as well as the restart of the FPSO following the
include securing the relevant approvals from upgrades required by Brazil’s National Agency
Brazilian authorities, operational preparedness, of Petroleum, Natural Gas and Biofuels (ANP),
field development planning and building up it added.
BW Energy’s local organisation, the company BW Energy now anticipates closing these
reported. Closing the upstream transaction and transactions in the second quarter of this year. ™

PERU
Peru LNG exports five cargoes in February

PERU LNG, the operator of a natural gas liq- includes a 4.45mn tonne per year (tpy) gas lique-
uefaction plant and export terminal in Pampa faction plant constructed by Chicago Bridge &
Melchorita, saw total LNG export volumes rise Iron Co. (CBI), as well as a marine terminal built
slightly month on month in February 2023. by a consortium known as CDB. (This group
According to Peru’s national oil company includes Saipem of Italy, Jan de Nul of Luxem-
(NOC) Perupetro, the Peru LNG consortium bourg and Novonor, a Brazilian conglomerate
loaded five vessels in February, steady on the formerly known as Odebrecht.)
January figure of five. However, the total volume The complex also includes a storage depot
of LNG loaded last month amounted to 363,521 with two 130,000-cubic metre tanks and a
tonnes, up by 2.34% on the January figure of 34-inch (860-mm) natural gas pipeline. This
355,213 tonnes. It is also 9.27% up on the total pipe carries gas from fields in the Cusco region
volume reported for February 2022, when Peru that are being developed by YPF, Argenti-
LNG loaded five cargoes with 332,687 tonnes of na’s national oil company (NOC), and Rep-
LNG. sol (Spain). It follows a 408-km route from
Two of the five cargoes dispatched in Febru- Chiquintirca, a town in Peru’s Ayacucho region,
ary 2023 were destined for China, according to to the LNG plant.
Perupetro, while the other three went to the UK, Peru LNG was established by US-based Hunt
Taiwan and South Korea. Oil along with three other companies. Equity in
Peru LNG loaded and delivered a total of the project is split between Hunt Oil, with 50%;
732 cargoes of LNG between its launch in June SK Energy (South Korea), 20%; Shell (UK),
2010 and the end of February 2023. It has also 20%, and Marubeni (Japan), 10%. The part-
loaded one additional cargo since the beginning ners invested $3.8bn in the construction of the
of March. Pampa Melchorita complex, which delivers all
The consortium operates a complex that of its production to Shell. ™

Peru LNG has loaded a total of 733 LNG cargoes since its launch in 2010 (Photo: Peru LNG)

P12 www. NEWSBASE .com Week 12 22•March•2023