Launch of Peru LNG Remains on Schedule

The news report yesterday regarding a Peru LNG EPC contract was not attributable to any authority within Peru LNG, and in fact the project remains on schedule to be launched, as previously announced, by the end of the year 2005. Peru LNG will build, own, and operate a liquefaction facility at Pampa Melchorita, Peru, which is scheduled to be operational in 2009.

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