After in May 2020, in the context of the pandemic caused by covid-19, Central American imports of oiling fell to a historic low of $242 million, in the following months an incipient recovery was evidenced.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with the graphic"].
Alyonca is investing $16 million in the rehabilitation of wells and is preparing to start oil production in Alta Verapaz, Guatemala.
The oil field from which the company will produce is in the Municipality of Fray Bartolome de las Casas, and the plans of the company are to attend the local industry and, in the future, make a new investment to refine the product that is extracted.
For the second time, Perenco Guatemala Limited was awarded a 25-year contract to operate the pipeline from Campo Xan in Petén to the Piedras Negras oil terminal in Izabal.
After multiple delays were reported in the tender, the Ministry of Energy and Mines of Guatemala was able to award the new contract, which was signed on June 18 by both parties and published on July 24 in the newspaper of Central America.
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.
In the first nine months of 2018, countries in the region imported petroleum oils for $7,598 million, 25% more than in the same period in 2017, a rise explained by purchases from the U.S.
Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
In Guatemala, it was announced that in 2019 a cartographic laboratory will be built, which will serve to guide the investments made in the country in the hydrocarbons sector.
Authorities of the Ministry of Energy and Mines (MEM) that with the new laboratory will have the required information to determine the areas of oil exploration and exploitation in the country.
March 14th, 2019 is the new date scheduled by the Guatemalan authorities to receive offers for the operation and administration of the Stationary System for the Transport of Hydrocarbons.
After last July were found disadvantages in the proposal presented by Perenco, the only bidder in the last contest and current administrator of the pipeline, it was decided to make a new process.
The lack of incentives for investment in extractive activity could be one of the reasons behind the downward trend in oil production in the country.
During the first ten months of the year, the country reported 2.78 million barrels of production, 5% less than the same period in 2017.
The Ministry of Energy and Mines (MEM) reported that the crude exploitation in the country continues its downward trend, since between the first ten months of 2017 and the same period this year, it fell from 2.93 million to 2.78 million barrels.
Due to discrepancies found in the proposal presented by Perenco, another tender will be held to grant the operation and administration of the Stationary Hydrocarbon Transport System in concession.
In its resolution, the Qualifying Board explained that some inadequate elements were identified in the Perenco proposal, which necessitate a new tender in the coming months. According to the document, Perenco Guatemala, the sole bidder in the process, did not set a deadline for the contract, even though the published tender conditions established a maximum term of 25 years, with the possibility of extension.
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.
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 Guatemala, companies interested in operating and managing the Hydrocarbons Stationary Transport System are invited to present their offers on June 15.
Representatives from the Ministry of Energy and Mines (Mem) stated that the Qualification Committee, which will be appointed by an agreement, will be in charge of receiving technical-economic offers from 9:00 a.m.
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.
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 tenderand 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.
After an 11% reduction in the output between 2015 and 2016, last year production totaled 9,641 million barrels, 7% more than the figures in 2016.
Due to the age of the wells operated by the company Perenco, according to figures from the Ministry of Energy and Mines, the national production of crude oil between 2010 and 2017 "...
Details of the ten most valuable construction projects in terms of investment, for which environmental impact studies were submitted in the last year.
Of the 10 largest construction projects submitted to the Ministry of Environment and Natural Resources between August 2016 and July 2017, six environmental projects were processed in the department of Guatemala, with an estimated investment of $181 million.In terms of investment value, they were followed by two in Alta Verapaz, with an investment of close to $77 million, one in Chimaltenango, with an investment of $16 million, and another in Santa Rosa with an estimated investment of $15 million.