Peru gears up to offer new acreage this year

Country strives to replace hydrocarbon reserves, which have slumped since 2014

Reserves bid: Peru, under President Martín Vizcarra, has set an ambitious goal to double production to 100,000 bpd by 2023
Reserves bid: Peru, under President Martín Vizcarra, has set an ambitious goal to double production to 100,000 bpd by 2023Photo:AFP/SCANPIX
Published 17 April 2019, 13:56Updated 17 April 2019, 15:00