The new international tender announced by the Ministry of Energy and Mines (Minem) to tender for lots VI and Z-2B of Talara, after denying them Petroperu through direct negotiation, it could be finalized in less than a year in the face of successive pressures from the private sector, several sector specialists warned.
In the opinion of Aurelio Ochoa Alencastre, former president of Perupetrothe new competition, being international in nature as Minem anticipated, could take no more than a year in the best of cases, but warned that it could seek to unify lots VI and Z-2B with X, once His contract also expires in May 2024.
“There is no regulation that sets the period, since everything depends on Perupetro. It’s not just about calling, but you have to establish the rules of the game. The main thing is that there is already a fairly clear Government provision. It is likely that the departure of Lot
This is a situation that was experienced before during the management of Seferino Yesquén, when an attempt was made to unify small lots, giving way to lots 204 and 205, under the pretext of attracting greater investments to the country.
In this sense, Ochoa mentions that Vera “is wrong” when he talks about promoting the Talara lots separately among the world’s major oil companies, since these are “marginal” operations when compared to their peers in the Middle East or the United States. .
Instead, it suggests that Petroperú will find a space to demonstrate that it can maintain and even increase the performance of the wells while the new process lasts, after which it could “seek a partnership” with a large international company, also based on the potential which he maintains in Lot 64, in the jungle.
“This is a transition stage that will allow Petroperú, which is in the technical and economic capacity to assume operations. The best example is Lot I, where the production received two years ago was doubled,” he said.
It should be noted that, while Petroperú temporarily assumes the fields, it will receive the oil income from the almost 8,000 barrels per day that both currently produce.
Clauses and rents
However, all is not lost for Petroperú. For hydrocarbon specialist and UNI professor Alexei Huerta, the new competition designed for private parties could include among its conditions that the fields be operated in partnership with Petroperú. This is something that was already attempted, unsuccessfully, during the government of former President Ollanta Humala.
For Alexei Huerta, the new bidding period could even be reduced to six months. But, if this is the case, he explains that it would not make sense for Petroperú to assume the Z-2B, with all the costs that it would demand.
According to the specialist, it is crucial, at this point, that the new contracts, unlike the previous ones, do provide for monitoring of the replenishment of reserves, and not only the financial capacity of the bidders to carry out workovers or drilling. This, he explains, in order to avoid “exaggerated” investment plans that are never honored.
“We have to think of a new form of bidding that is favorable for the country, in which the reserves to be recovered are considered“Prevent them from releasing numbers without technical support that lead to them not complying with the work plan,” he clarifies.
Aftershocks after the Minem’s rudder change
Johnny Villón, general secretary of the National Union of Petroleum Professionals of Peru, announced a day of national mobilization this Wednesday the 27th against the Government’s decision.
Congresswoman Margot Palacios announced that they will demand a full debate on PL 1905/2021, which proposes the reversal of all batches of hydrocarbons whose contracts expire to Petroperú.
There is also a constitutional reform project to allow state business activity.
The meeting scheduled this week to coordinate the transfer of the assets of Lot VI, between Petroperú, Sapet and Perupetro, was canceled by the latter.
The word
Aurelio Ochoa, former president of Perupetro
“These decisions may be viewed with concern by the foreign investor, although the Government’s intention has not been to show a dictatorial stance in the face of all private claims.”
Source: Larepublica
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