One Company Interested in Operating Oil Pipeline

Perenco Guatemala, the current operator of the pipeline, was the only bidder in the tender to obtain the concession for the operation and administration of the Hydrocarbons Transportation Stationary System.

Tuesday, June 26, 2018

The contract to operate the system includes a 425 kilometer pipeline, five pumping stations and the Piedras Negras export terminal, in Puerto Santo Tomás de Castilla, and the model of the contract to operate and manage it will be for a maximum of 25 years, with an option to extend.

In relation to the decision to participate in the tender, Gregoire de Courcelles, manager of Perenco Guatemala, explained to Elperiodico.com.gt that " ... the company appreciated the successful experience it has had in the country and with the communities in the area [when deciding] to present the offer. "

For his part, Julio Salvador Contreras, vice minister of Mining and Hydrocarbons, said that " ... Now it is up to the Qualifying Board to review if the offer presented by Perenco Guatemala meets the requirements so that it can be favored with the award of the new contract. If not, the current contract could be extended until the contract is awarded in a tender."

See details of the tender.

More on this topic

More Delays in Tender to Operate Oil Pipeline

March 2019

Because the Guatemalan authorities were not able to form the Tender Board, a new date will be set for the receipt of tenders for the operation and administration of the Stationary Hydrocarbon Transport System.

Although the deadline for tendering for the pipeline had already been extended in November last year and March 14, 2019 was set as the deadline for submission of proposals, the authorities of the Executive failed to form the Board and now a new deadline will have to be announced.

Guatemala: Progress in Oil Pipeline Tender

May 2018

The Ministry of Energy and Mines reports that the process to tender the operation of the pipeline has been approved by the Attorney General's Office.

Without giving further details on the terms of the contract for the operation of the pipeline, currently the responsibility of Perenco, the Minister of Energy and Mines, Luis Chang, stated that the bidding process received a favorable ruling and is progress is being made.

Will the Pipeline be Ever Be Tendered?

April 2018

The Guatemalan government has finally approved the contracting model and promises to launch the bidding process within the next four months.

At the end of 2016 the Ministry of Energy and Mines announced that it was beginning to prepare, at that time, a plan to call a new tender and grant a concession for the operation of the pipeline, currently in the hands of Perenco, to a new company. Due to delays in the process, in February last year the contract with Perenco was extended for 18 months, meaning that August would be the deadline for the new launch.

Guatemala: Tender for Pipeline Operation

December 2016

After the expiration of the concession currently held by Perenco, a tender is to be launched for the operation of a pipeline connecting the Xan field in Peten with the oil terminal in Piedras Negras.

Elperiodico.com.gt reports that "...Vice President Jafeth Cabrera, after a meeting in Puerto Barrrios, Izabal, said the contract with Perenco which expires next year will be extended by no longer than six months in order to realise the tender."

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