Peruvian Government Approved Block 67 Environmental Study

abarrelfullabarrelfull wrote on 16 Aug 2012 14:25
Tags: perenco peru s-america upstream

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On August 3rd, 2012, the Bureau of Energy Environmental Affairs of the Peruvian Energy and Mines Ministry, approved the Environmental Impact Assessment (EIA) for the Project of Development Phase of Block 67, located in the province and region of Loreto.

This milestone marks the beginning of construction activities and future production of Block 67 reserves, activities on which we will strictly follow the highest international standards of the oil industry, using state of the art technology, both surface and underground- some of them to be used for the first time in the country and in the oil industry.

Just as we did since years before, our commitment to social inclusion remains intact, as we will continue strengthening ties with local communities to identify, jointly to them, sustainable social projects where Perenco can make a positive contribution. In that sense, the hospital barge BAP Pastaza, operated by the Peruvian Navy and its staff from the Regional Government of Loreto, will continue to receive all the necessary logistical support to bring free health services to remote communities located in the Napo, Arable and Curaray basin.

Additionally, the approval of this EIA opens a new window of opportunity to develop the key reserves of the Maranon Basin, that will ultimate be to the benefit of the development of the Loreto region and, therefore, of Peru.

Finally, we reaffirm our commitment to the development of Block 67 and we are proud to have the opportunity to do so.

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