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  HOME | Peru

Peru OKs Repsol’s Environmental Assessment of Gas Project

LIMA – Peru’s Energy and Mines Ministry said it had approved Spanish energy major Repsol’s environmental impact assessment of the Sagari natural gas project, located in the jungles of the southern region of Cuzco.

The ministry’s General Directorate of Environmental Energy Affairs approved the assessment of Sagari, a project whose area of influence straddles the territories of the Porotobango, Kitepampani and Nuevo Mundo indigenous communities, noting that Repsol had conducted “participation mechanisms” among those stakeholders.

Its statement said the project would require an investment outlay of just over $958 million and entail the drilling of two development wells and the construction of other gas production installations.

It said the company’s interventions with the local communities were aimed at providing “information regarding the project and establishing a direct dialogue” to ensure their “contributions, observations and suggestions” are taken into account.

The environmental impact assessment of Sagari received the go-ahead of the National Service of Natural State Protected Areas, or Sernanp; the Agriculture Ministry’s National Water Authority; and the Supervisory Agency for Investment in Energy and Mining, or Osinergmin.

 

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