Photo: Camisea gas
The Camisea consortium, which is producing natural gas from Peru’s largest fields, said it paid $95.7 million in royalties to the government last month.
Royalty payments totaled $861 million in the January-September period, and payments have totaled $4.58 billion since 2004, the consortium said in a statement.
The Camisea fields, located in the southern region of Cuzco, hold some of Latin America’s largest natural gas reserves.
Camisea’s proven reserves total some 8.7 trillion cubic feet.
The Camisea consortium is made up of Spain’s Repsol, Argentina’s Pluspetrol and Tecpetrol, U.S.-based Hunt Oil, South Korea’s SK Energy and Algeria’s Sonatrach.