The largest gas discovery in the history of the company

Repsol starts up the giant Perla gas field in Venezuela

Press Release 06/07/2015 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.

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