Back to normal - Petroperu pipeline restarts earlier than expected
• The Northern Oil Pipeline (ONP), operated by Petroperu, is now fully operational. This is one week ahead of expectations. Production has now increased to 9.5 mbbl/d and is due to reach 10 mbbl/d in the next few days. In addition, a second cargo of 0.2 mmbbl is expected to be shipped through Brazil during the month of February. Despite COVID-19 and social issues in Peru, FY20 production was 5,675 bbl/d. We view this as an achiev ....
08 Jan 2021
PetroTal Corp (AIM: PTAL): Back to normal - Petroperu pipeline restarts earlier than expected
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PetroTal Corp (AIM: PTAL): Back to normal - Petroperu pipeline restarts earlier than expected
PetroTal Corp. (PTAL:LON) | 47.5 0 0.0% | Mkt Cap: 434.8m
- Published:
08 Jan 2021 -
Author:
Stephane Foucaud -
Pages:
5
Back to normal - Petroperu pipeline restarts earlier than expected
• The Northern Oil Pipeline (ONP), operated by Petroperu, is now fully operational. This is one week ahead of expectations. Production has now increased to 9.5 mbbl/d and is due to reach 10 mbbl/d in the next few days. In addition, a second cargo of 0.2 mmbbl is expected to be shipped through Brazil during the month of February. Despite COVID-19 and social issues in Peru, FY20 production was 5,675 bbl/d. We view this as an achiev ....