Hunt Oil Peru On Rating Watch Negative

(Fitch, 29.Sep.2021) — Fitch Ratings has placed the ratings for Hunt Oil Company of Peru L.L.C., Sucursal del Peru’s (HOCP) on Rating Watch Negative (RWN), including the ‘BBB’ Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) and the ‘BBB’ USD600 million senior unsecured notes due 2028. The RWN reflects […]

Peru PM Warns Gas Sector

(Reuters, 26.Sep.2021) — Peruvian Prime Minister Guido Bellido on Sunday said that companies which exploit natural gas in Peru will need to agree to pay higher taxes or else face nationalizations, a sharp warning to the sector from the new leftist government. Bellido told Reuters in August that the government […]

Fact Sheet: Peru LNG

(Shell, 1.Jun.2018) — Peru LNG is the first natural gas liquefaction plant in South America and began operations in 2010 with a 4.45 mtpa capacity. It receives dry gas through a 408km pipeline that stretches from the highlands in the Peruvian Andes to the coast. Shell acquired 20% equity in […]