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With this addendum, TGP can perform new works to increase transport capacity to 920 million cubic feet; and a referral from your pipeline to the Peruvian highlands.
On Saturday September 14th, about 1500 people received the President of the Republic, Ollanta Humala; the Minister of Energy and Mines Jorge Merino; and General Manager TGP, Ricardo Ferreiro, in Ayacucho; to celebrate the signing of the addendum to the contract BOOT (Build, Own, Operate and Transfer) Transport Concession Camisea Natural Gas.
By signing this document, TGP undertakes to perform a Compression Plant in the jungle (PK 127) and a second loop on the coast, works that will increase capacity to transport natural gas to the local market for 610-920 MMCFD (million cubic feet per day).
The implementation of the Transmission System expansion will involve an investment of more than US $ 400 million and will increase the capacity of electricity generation from natural gas, the same which meant a saving of US $ 18,000 million from 2004 through 2012 .
Likewise, the addendum includes the design, construction, operation and maintenance of a branch pipeline to bring natural gas to Ayacucho. The construction of this pipeline 20 km long in the Ayacucho region will require a total investment of US $ 30 million and will be a milestone in the management of the Peruvian State to the mass of natural gas in the country, which TGP participate as an essential partner.
"This once again reaffirms our commitment and the Peruvian state energy development of the country and poses a new challenge that I am sure we will confront and meet the desire, commitment, pride and professionalism that have always placed from the start this important project that leverages the country's growth, "said Ricardo Ferreiro.
Both works will join the investment of more than US $ 300 million in various expansion projects designed to meet the growing energy demands.