CNPC 'has up to 4 Tcf at Peru block'

CNPC bought the rights to explore Block 58 in Peru's southern Amazon from Petrobras in 2014. The block then had proven reserves of about 2 Tcf.

"The block that CNPC has ... will soon be declared viable with 3 trillion to 4 trillion in proven reserves of gas," Peruvian President Pedro Pablo Kuczynski said in a speech at an energy event.

Peru's