Increasing costs have impacted the gas distributor's financials.
So far, Petroamazonas EP has four new gas-fired power generation plants. One in Cuyabeno Field, Block 58 and three in Sacha: (Sacha Norte 2, Sacha Central and Sacha Sur)
The hydrocarbons commission, CNH, approved exploration plans for two onshore fields from round 2.3, modifications to a Pemex deepwater exploration plan and changes to the development plan for the Cardenas-Mora farm-out.
Local natural gas distributor advances strategy to broaden its business scope.