"Peru Oil & Gas Report Q4 2014" Now Available at Fast Market Research
Despite continued opposition from environmentalist groups and the indigenous population, we maintain a broadly bullish outlook on Peru's hydrocarbons sector. Given the country's comparatively favourable business environment, attractive fiscal and licensing terms and a broadly supportive government, we forecast an uptick in exploration activity feeding growing oil and gas production over our forecast period. In particular, we see significant upside potential stem from proposed revisions to the country's hydrocarbons law, which could remove major bureaucratic obstacles to exploration and accelerate...
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