Spain's Repsol Starts Gas Production At Kinteroni field In Peru

Reuters

MADRID, March 31 (Reuters) - Spanish oil major Repsol said on Monday it had started gas production in the Kinteroni field in Peru, one of 10 main projects in its 2012-2016 strategic plan.

Repsol said the field will initially produce 20,000 barrels of oil equivalent a day before doubling that amount by 2016.

Repsol is the operator of the project with a 58.34 percent stake, while Brazil's state-run oil company Petrobras holds the remaining 46.16 percent.

(Reporting by Tracy Rucinski; Editing by Anthony Barker)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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