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Petroperu to start Talara refinery upgrade in July

06.05.2013  | 

The president of Petroperu said preliminary work on the $2.7 billion project has already started. The government plans to reduce levels of sulfur and allow the aging refinery to refine heavier crude.

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By ROBERT KOZAK

LIMA, Peru -- The president of state-owned oil company Petroleos del Peru S.A., or Petroperu, said a project to upgrade and modernize the Talara oil refinery will begin in July.

Hector Reyes said in a posting to the Peruvian securities regulatory agency late Tuesday preliminary work on the $2.7 billion project has already started.

The government plans to reduce levels of sulfur and allow the aging refinery to refine heavier crude.

Petroperu currently runs refineries, a pipeline and leases gas stations, in addition to other businesses.


Dow Jones Newswires



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Rafael Martinez Delgado
06.21.2013

Indeed, we have many expectations with this project.
Regards.

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