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Peru crude oil pipeline resumes operation after year of spills

Staff Writer | September 28, 2017
A crude oil pipeline operated by Peru’s state-owned oil company Petroperu became fully operational following repairs on a series of ruptures that had partially shuttered it for more than a year.
LatAm   15,000 barrels of oil per day
The reopening of a final section of the 687-mile (1,106-km) pipeline allows Petroperu to replace river and ground transportation that had been used as alternatives for moving crude from Amazonian oilfields to the Pacific Coast, the spokesman said.

The pipeline transported less than 15,000 barrels of oil per day before the spills, but its closure has been a drag on economic growth as it has halted some production.

The resumption of the pipeline’s operations come as global oil prices are recovering and could bolster drilling plans in Peru, a relatively small producer of crude where output has slipped for years.