Peru hydrocarbons watch: Financing, crude dispatch

The board of Colombian natural gas distributor Promigas has authorized financing for the company’s Peruvian subsidiaries.

In a filing sent to Colombia’s securities regulator Superfinanciera, Promigas said its legal representative was cleared to carry out three operations to meet the local units’ cash needs for next quarter.

The transactions entail credit guarantees for Gases del Pacífico (Quavii) up to US$10.2mn, for Promigas Perú or Quavii up to US$5mn and for Gases del Norte (Gasnorp) up to US$3.5mn. 

***

PetroTal reported that, following a meeting to address social demands, the Bajo Puinahua indigenous group removed a river blockade to allow barge shipments of crude to Brazil from Amazon block 95.

“Production ramp-up will commence immediately over the next few days and is expected to reach approximately 18,000 barrels of oil per day again,” the company said in an update.

Information from hydrocarbons authority Perupetro shows that block 95 production in the first 12 days of December averaged 3,207b/d versus 11,218b/d in November, when the acreage was the country’s top oil producer.