Natural Gas Daily Latin America & Caribbean Exploration & Production
Weak demand hits Peruvian production10 August 2017
Gas output from Peru’s two key producing blocks has been declining because of limp demand in the country, the Argentine operator of the concessions has told Interfax Natural Gas Daily.
Average monthly production from the Pluspetrol-operated Blocks 56 and 88 – which accounted for nearly 86% of Peru’s gas output last year – fell by 9.9% and 18.2% respectively between January and May 2017 compared with the full-year figure for 2016. This amounts to a combined fall of around 15% for both blocks.
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