The largest gas discovery in the history of the company
Repsol starts up the giant Perla gas field in Venezuela
Press Release06/07/2015 07:30
It is the largest offshore gas field in Latin America, holding 17 trillion cubic feet (Tcf) of gas in place.
In the first phase of the project, production is expected to reach 450 million cubic feet of gas a day (Mcf/d) by the end of 2015.
Output will increase to 1.2 Bcf/d of gas in 2020.
The startup is the eighth key growth project to be completed in Repsol's 2012-2016 strategic plan.
Perla was discovered in 2009 by Repsol and Eni, the operators of the Cardón IV block, in shallow waters in the Gulf of Venezuela, 50 kilometers offshore.