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Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
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Peru’s state-owned hydrocarbons agency has launched the search for new investors for Offshore Block Z-69, a high-potential asset in the prolific Talara Basin.
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Reactivation of offshore exploration activities at Peruvian basins
PeruPetro is promoting key areas to attract investment into the country’s offshore oil and gas
New opportunities for exploration and exploitation in Peru
Blocks I, VI and Z-69 represent an excellent investment opportunity in the energy sector, producing fields, accessibility, infrastructure, guaranteed market and proximity to the modern Talara refinery
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Peru Brazil
Simon Ferrie
17 January 2022
Follow @PetroleumEcon
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Petrotal set to boost Brazilian exports

Peruvian firm signs deal to increase export volumes and looks at ways to further bolster them

Peru-focused independent Petrotal plans to ramp up its crude exports to Brazil this year, after facing problems accessing Pacific coast export terminals in 2021. The operator expects to increase exports to Brazil to c.240,000bl per month (roughly 8,000bl/d) this year, after securing a contract last December for up to that same amount. And Petrotal is looking at potential ways to increase export volumes by a further 50pc, saying an expanded Brazilian route would allow 13,300bl/d, without having to rely upon the Northern Peruvian Pipeline (ONP) which was frequently disrupted in 2021. Petrotal faced production and transport constraints last year and was able to ship only c.300,000bl (3,261bl/d

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