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Thursday, October 28, 2010

Special Reports

Hunt Oil Bets on Peru

Hunt Oil – already behind the largest investment in Peru – plans further expansion.

Hunt Oil owns 50 percent of the $3.8 billion Peru LNG project. (Photo: Hunt Oil)

BY LISA K WING

LIMA — US-based energy company Hunt Oil Company is looking at further investment opportunities in Peru.

“The $4 billion Hunt has invested in Peru shows the confidence we have in the country,” says Carlos del Solar, the company’s president and general manager in Peru. “The country’s economic, political and legal stability motivates us to continue to look for other investment opportunities.”

Hunt’s Peru LNG project, which basically involves turning gas into liquid, making it easier to transport and store, is the largest investment in one single project ever made in the country and is ...

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Keywords: Camisea, Marubeni Corporation, Melchorita, Repsol, SK Energy, Repsol

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