PERU

(in South America)

CAPITAL: LIMA

POPULATION: 29 mm

AREA (on): 1,285,200 km2

OIL PEAK: 1980

SUPPLY

Most oil fields in Peru are located inland in the jungles of the Oriente region near the border with Ecuador. A few produce from the Talara basin near the coast. Output has been declining since 1982 from aging fields, however heavy oil, condensate and NGL production associated with gas will lead to growing output in the future to a second peak in around 2013. Offshore oil is also produced from an extension of the Talara basin.

Peruvian gas production has begun to increase rapidly as the development of the giant Camisea complex proceeds in the southeast of the country.

 

DEMAND

Peruvian oil consumption is flat after falling in 2006 but will grow a little as indigenous supplies increase and imports decline.

Gas consumption is increasing rapidly, as will exports. Gas will initially be supplied to Chile and to a new LNG complex on the Pacific coast.

 

 
 

This is a simple forecast - detailed forecasts including offshore and onshore, deep water splits, sedimentary basins and major fields and drilling etc. can be purchased for most countries.

 

An onshore and offshore oil and gas production, consumption and drilling activity forecast report on this country can be commissioned,

including all relevant charts. Contact us for price and contents list.

 

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