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Peru: The new energy frontier in South America
The country is open for business and is unlocking vast opportunities for both onshore and offshore exploration
Brazil could be an energy trailblazer
The oil powerhouse will not just join the top five crude exporters in the coming years, it may be a model for how petrostates balance growth, policy and sustainability
Brazil looks to solve its energy security travails
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
Andean upstream feels the heat
Financial problems, lack of exploration success and political dogma cause uncertainty across much of the region
Unlocking Energy Potential: PERUPETRO Launches Investor Search for Offshore Block Z-69
Peru’s state-owned hydrocarbons agency has launched the search for new investors for Offshore Block Z-69, a high-potential asset in the prolific Talara Basin.
Brazil rides a production wave
Latin America’s largest economy expects big uptick in crude this year with the imminent arrival of several FPSOs
Hydrocarbon Processing Refining Databook 2025: Americas
The US and Canada are boosting capacity builds for renewable diesel and biofuels, while Central and South American countries are investing heavily to upgrade and expand their domestic refining sectors
Latin America’s evolving crude outlook
New supply from Argentina, Brazil and Guyana is rich in middle distillates, but optimism in terms of volume growth remains tempered by regulatory and technical risks as well as price volatility
Latin America feels the heat
Extreme weather conditions are compounding upstream challenges and pressuring governments across the region
Reactivation of offshore exploration activities at Peruvian basins
PeruPetro is promoting key areas to attract investment into the country’s offshore oil and gas
Barges take Peruvian crude down the Maranon River to Brazil
Peru Brazil
Simon Ferrie
17 January 2022
Follow @PetroleumEcon
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Petrotal set to boost Brazilian exports

Peruvian firm signs deal to increase export volumes and looks at ways to further bolster them

Peru-focused independent Petrotal plans to ramp up its crude exports to Brazil this year, after facing problems accessing Pacific coast export terminals in 2021. The operator expects to increase exports to Brazil to c.240,000bl per month (roughly 8,000bl/d) this year, after securing a contract last December for up to that same amount. And Petrotal is looking at potential ways to increase export volumes by a further 50pc, saying an expanded Brazilian route would allow 13,300bl/d, without having to rely upon the Northern Peruvian Pipeline (ONP) which was frequently disrupted in 2021. Petrotal faced production and transport constraints last year and was able to ship only c.300,000bl (3,261bl/d

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