VOL. XLIII

No. 51

18-December-2000

ALGERIA

Peru Signs Contracts For Camisea Gas Project

The Government of Peru on 9 December signed contracts for the $2bn Camisea gasfields project with two consortia, one of them including Algerias state-owned Sonatrach. Perus Energy and Mines Minister Carlos Herrera signed the contracts one for exploration and production and the other for transportation and distribution after persuading the winning bidders to reduce the time needed for completion of the project...