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PERU: Construction plans for proposed petrochemical plant move ahead, GOLD OIL PLC (GOO) [UK] & MAN FERROSTAAL AG [Germany] Order #: 126406.

Publication: WWP-Business Opportunities in Latin America & the Caribbean
Publication Date: 01-DEC-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
PROJECT OVERVIEW:

UK-based GOLD OIL PLC (GOO) recently signed a second extension of one year to its existing memorandum of understanding (MOU) with Germany-based MAN FERROSTAAL AG. According to the terms of the MOU, MAN will evaluate the feasibility of developing a petrochemical plant in...

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...Northern Peru.

In so doing, MAN will be responsible for evaluating the petrochemical plant and GOLD OIL will be responsible for evaluating the gas supplies and pipeline transportation options. The MOU envisages several phases of development with the British company having an option to participate in the petrochemical plant while MAN will...

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