Moderator – Gustavo Navarro, Business Manager of PETROPERÚ S.A.
In this session, lessons and experiences left in the first ten years of Camisea project operation for country’s growth were evaluated. The speakers of this session were made up by the representatives of the main companies involved in each stage of the project: Ricardo Ferreiro, General Manager of Transportadora de Gas del Perú (TGP); Germán Jiménez, General Manager of Pluspetrol; and Igor Salazar, General Manager of Perú LNG.
At first, Ricardo Ferreiro (See Presentation)said that for past ten years, Camisea has not only changed country’s energy matrix, but also the way of thinking about large investment projects. He said that TGP has achieved large series of success in project development: achieve reliability up to 99.7% in gas transportation system to the central coast; implement the largest environmental monitoring program in Latin America; implement projects to support education and agriculture, among others. He emphasized that the country’s political stability has been a key factor for
Camisea’s development, and that this project has grown in parallel with the country’s economy. An example of this, it is that 98% of the transport capacity of the pipeline to be extended is already contracted for 2016. Finally, he said that there are still challenges to be overcome to ensure that Camisea project and the country continue moving forward; for instance, maintain game rules’ stability, avoid improvised regulation (“patch regulation”) and reduce extensive required due dates to carry out large projects.
Then, Germán Jiménez reaffirmed the success of Camisea project (See Presentation) stating that the processing capacity of Malvinas Separation Plant has been quadrupled in ten years. To summarize, he indicated that having achieved today’s success it has been necessary to overcome three major challenges, such as social-environmental, operational-logistics and commercial.
On the socio-environmental side; a project, partly located inside a natural reserve and close to native populations reserves, was possible to make it viable through several plans: a Biological Monitoring Plan which has led to the discovery of 60 new species in the area, a Community Environmental Monitoring Plan and a baseline that have allowed communities to have a better understanding of their natural resources, as well as protection measures to local cultures. These characteristics of the project make Camisea a current example of best practices in international projects.
On the other hand, among operational and logistics challenges, there were the mobilization and installation of 40 thousand tons of iron and steel of equipments by an off-shore inland operation that is environmental friendly, such apesct allows from the engineering point of view to affirm that Camisea is a project of national pride. Finally, the big commercial challenge was to create a market for natural gas in the country at that time; this respresented the challenge of changing the energy matrix, a challenge that meant a significant complication but it was achieved thanks to the Government, companies and community’s alignment.
In conclusion, he concluded affirming that Camisea’s contribution to the country has not only been an essential drive for the economic growth, but it has also been a responsible growth consistent with the environment. That is how current pollution in Lima is 35% lower than it would have been without the change of the energy matrix, equivalent to the preservation of 41 thousand hectares of forests.
Finally, Igor Salazar (See Presentation) affirmed that Liquefaction Plant in Pampa Melchorita was not only the first project of this kind in South America, but it has also achieved efficiency above average in its category, currently 93% of efficiency. Similarly, he stated that promoting internal and external market of natural gas, the necessary incentives for exploration would be created in gas lots adjacents to Camisea, a formula that today allowed the increase the country’s reserves.
To reach these results it has been indispensable to assume social-environmental commitments:
relationship programs with stakeholders from an integrated environmental and social management approach and a participatory monitoring, which resulted in confidence gained through concrete actions. Similarly, social investment programs implemented hand in hand with the central government and local governments have been very important, ensuring investment sustainability; proof of that is the existence of a project in partnership with Universidad del Pacífico (University of the Pacific) for advising local governments in executing investment projects, using National System of Public Investment (SNIP).
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