Peru's Camisea Consortium announced Wednesday that royalty payments to Peruvian State from natural gas operations amounted to US$384 million in the period from January to July 2015.
These resources are distributed according to the current Canon Law, corresponding to the regional government of Cusco and Municipal governments about 50 percent of the amount; that is, US$ 26.85 million in July.
Since the project was started in 2004, Peru-based consortium Camisea has paid the Peruvian government US$7.626 billion in royalties.
The Camisea fields, located in the southern region of Cusco, hold some of Latin America's largest natural gas reserves.
(END) JCC/JCC/MVB