México

Guyana

Trinidad
& Tobago




Very usefull links



PW
Bookstore





News links

AP

AFP

Aljazeera

Dow Jones

Oil price

Reuters

Bloomberg

Views and News
from
Norway

 

 

 

Frontera Energy stops production in Peru after attack on oil pipeline


 


By Reuters

LIMA
Petroleumworld 12 04 2018

Canadian oil company Frontera Energy said on Monday it had stopped production at Peru's largest oilfield after a Peruvian-owned pipeline was severed last week by indigenous protesters.

Frontera Energy said in a statement that production at the oilfield, located 200 kilometers (124 miles) from the pipeline rupture, would stop while authorities worked to resolve the dispute with the community.

State-owned oil company Petroperu, which operates the pipeline, flagged on Friday that Frontera may be forced to halt production, and estimated that losses could amount to around $200,000 per day.

Last week, a group of residents in an Amazon region inhabited by the indigenous Mayuriaga community severed the pipeline and then prevented technicians from repairing it, according to Petroperu.

Frontera said that the company expects to restart operations “shortly” after the pipeline is repaired. Recent net production at the oilfield has averaged 8,950 barrels per day.

Petroperu estimates that the rupture may have caused some 8,000 barrels of oil to spill, although the company said that oil has not contaminated water sources in the area. The company has shut off crude oil from flowing through the pipeline.

Frontera Energy temporarily operates lot 192, a production site which is located in the Amazon region of Loreto and has around 100 million barrels in reserves. The company's contract expires in March 2019.

The 1,100 kilometer pipeline that transports crude from the oil fields of the Peruvian jungle to the Petroperu refinery on the Pacific coast has suffered dozens of attacks since it began operating four decades ago.

Since 2016, nearly 20,000 barrels of oil have been spilled from the pipeline in at least 15 attacks, and another 5,600 barrels have leaked due to corrosion of mechanical failures, according to official estimates.

 


________________________



We invite you to join us as a sponsor. Circulated Videos, Articles, Opinions and Reports which carry your name and brand are used to target Entrepreneurs through our site, promoting your organization’s services. The opportunity is to insert in our stories pages short attention-grabbing videos, or to publish your own feature stories.

________________________

Reporting by Marco Aquino, Writing by Scott Squires, Editing by Rosalba O'Brien from Reuters.

reuters.com
12 03 2018




Copyright© 1999-2018 Petroleumworld or respective author or news agency. All rights reserved.

We welcome the use of Petroleumworld™ (PW) stories by anyone provided it mentions Petroleumworld.com as the source.

Other stories you have to get authorization by its authors. Internet web links to http://www.petroleumworld.com are appreciated.

Petroleumworld welcomes your feedback and comments, share your thoughts on this article, your feedback is important to us!

We invite all our readers to share with us
their views and comments about this article.
Write to editor@petroleumworld.com

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to: editor@petroleumworld.com

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels

Twitter: @petroleumworld1


 

 

 

 

 

TOP

Contact: editor@petroleumworld.com,

Editor & Publisher:Elio Ohep/
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2016, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2017, Petroleumworld ™  / Elio Ohep - All rights reservedThis site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.