Peru reports on oil-exploration investment

Nov 15, 2001 01:00 AM

Peruvian Energy and Mines Minister Jaime Quijandria said that oil-exploration investment declined to $ 30 mm in 2000, adding that only three oil wells had been dug this year.
Quijandria told that oil-exploration investment averaged $ 150 mm per year during 1998-1999 and pointed out the industry would need to dig an average of 10 wells per year to survive. The minister added that mining investment had also declined because the government had not approved a sales-tax exemption on mining and oil sector investment.

Source: EFE
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« September 2018 »
September
MoTuWeThFrSaSu
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Register to announce Your Event

View All Events