MOSCOW (MRC) -- Energy firm Repsol SA said that it had presented the paperwork required by the Peruvian government to restart oil unloading operations at its La Pampilla refinery, following a spill of over 10,000 bbl, said Hydrocarbonprocessing.
New Peruvian Prime Minister Hector Valer said on Thursday the country was facing a fuel shortage due to a government decree that forbids Repsol SA from unloading any new oil into a local refinery. "We are starting the fuel shortage since yesterday, due to a decree that we need to annul," Valer told reporters.
Valer, who was named prime minister on Tuesday, was not involved in the decision to suspend Repsol's Peruvian operations, which had been put in place on Jan. 31.
Peru had ordered Repsol to suspend unloading oil shipments until it submitted new contingency plans in case of a new spill. Peru has yet to say if it will allow Repsol to restart operations based on the new plan.
Peruvian President Pedro Castillo called the spill the worst ecological disaster in the country's recent memory. Repsol has said it will take until the end of February to finish cleaning up the spill. La Pampilla is Peru's largest refinery and accounts for about 40% of Peruvian fuel.
As per MRC, Repsol selected Univation Technologies' UNIPOL polyethylene (PE) technology for its new 300 ktpa plant in Sines, Portugal. The plant will be able to produce a range of products, including HDPE, LDL, used in the pharmaceutical, automotive and food industries.
Earlier it was reported that Repsol notified Gazprom Neft that it was not ready to participate in the development of a new exploration cluster on the Gydan Peninsula in the current economic conditions. It was planned to create a joint venture there to develop the Leskinsky and Pukhutsyakhsky license areas. In June 2019, Gazprom Neft, Repsol and Shell signed an agreement of intent to establish a joint venture to develop these areas. The transaction was scheduled to close in 2020. It was assumed that Gazprom Neft would own 50% in the capital of the joint venture, the shares of Repsol and Shell would each be 25%.
Repsol is the largest oil and gas company in Spain and Latin America, one of the ten largest oil and gas corporations in the world.
MRC