By Ryan Dube
LIMA, Peru--The Camisea consortium expects to maintain
production of natural gas liquids at around 100,000 barrels a day
from its blocks in southeastern Peru, U.S.-based Hunt Oil Co.,
which is part of the consortium, said Wednesday.
In September, Peru produced 96,591 barrels a day of natural gas
liquids, up from 88,776 barrels a day in August, according to state
agency Perupetro. Almost all of the production came from Camisea's
Block 88 and Block 56.
Hunt Oil's general manager in Peru, Barbara Bruce, told
reporters that the increase was due to an expansion at the Malvinas
plant.
"The number of wells and the dimension of the structures that
Camisea has at Block 88 are such that we'll be able to maintain
that rate," Ms. Bruce said when asked about the outlook for natural
gas liquids.
The Camisea consortium also includes Pluspetrol Peru Corp. SA;
South Korea's SK Holdings Co. (003600.SE); Tecpetrol, a unit of
Argentina's Techint Group; Algeria's Sonatrach Petroleum Corp.; and
Spanish oil company Repsol SA (REPYY, REP.MC).
Write to Ryan Dube at ryan.dube@dowjones.com
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