RIO DE JANEIRO, BRAZIL - With oil and gas fields, and the 200,000 b/d North Peruvian oil pipeline, shut down repeatedly by social conflicts and a three-month lockdown, Peru's government is now focused on jumpstarting its economy, which is estimated to grow 10% in 2021 following a 13% contraction in 2020.
Many of the projects on track to come on line in 2021, including three copper mines and the US$5 billion Talara oil refinery expansion, are expected to spur oil imports, which currently average 150,000 b/d.
State contracting agency Perupetro is preparing two E . . .