Peruvian Camisea gas field to take 10-15 years to consume whole production

Jul 26, 2000 02:00 AM

The Peruvian government predicts that it will take between 10 and 15 years to create a market to consume the whole production of the Camisea gas field. According to the government, the country has a gas-fired energy generation potential of nearly 1,000 MW for the next 5 years, which will correspond to a small volume of Camisea's overall production.
In 1999, 93 % of Peru's energy was produced by power plants and the remaining volume by thermoelectric plants. That rate is to be repeated this year.

Source: Individual.com via Newspage
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