PUBLICATION
Oil and Gas Investor
Argentina Oil & Gas 2010 OGI Release
April 04, 2010
Once the pioneer of South American hydrocarbon development, Argentina is suffering from a decade-long malaise. But with its significant exploration potential, a healthy mix of small independents, juniors and majors, and an experienced service sector, the country might yet reclaim energy self-sufficiency.
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After five months in Lima and more than 130 interviews, the conversations with C-executives along the Peruvian mining value chain touched on various topics. These included production targets, drilling results, the benefits of new technologies like the so-called “digital twins” to replicate reality in a virtual environment, and even the use of cartridge valves. However, a recurring theme in almost every interview, and perhaps the most significant one in relevance, is Peru's loss of its position as the second-largest copper producer to the Democratic Republic of Congo.
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After five months in Lima and more than 130 interviews, the conversations with C-executives along the Peruvian mining value chain touched on various topics. These included production targets, drilling results, the benefits of new technologies like the so-called “digital twins” to replicate reality in a virtual environment, and even the use of cartridge valves. However, a recurring theme in almost every interview, and perhaps the most significant one in relevance, is Peru's loss of its position as the second-largest copper producer to the Democratic Republic of Congo.
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"EBRD can act as a catalyst for project development since our stamp of approval influences others to also trust a promising mining project."
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