TgP, in which US-based energy investor EIG has a 49.87 percent equity stake, operates Peru’s principal natural gas and natural gas liquids pipelines under a long-term concession, supplying approximately 40 percent of the country’s power generation.
The operator reported an emergency on March 1, 2026, involving a gas leak and subsequent flare at kilometer 43 of the Camisea gas pipeline in the province of La Convencion, in the Cusco region.
TGP said in a statement on March 13 that it expected the pipeline to be fully operational on March 14 following repair work.
The disruption to the pipeline affected domestic supplies and reduced LNG exports.
Peru LNG pipeline’s approximate starting point is at kilometer 211 of the TgP pipeline, in the community of Chiquintirca, in the Ayacucho region, and its endpoint is the Peru LNG plant.
According to shipment data by state-owned Perupetro, the 4.4 mtpa LNG plant sent two LNG cargoes in March onboard the LNG carriers Orion Sinead and Gaslog Gibraltar.
The 174,000-cbm Orion Sinead left the facility on March 19 and is heading toward China, while the 174,000-cbm GasLog Gibraltar departed the facility on March 26 and is heading to Japan, the data shows.
The data also shows that the values of these Peru LNG cargoes doubled compared to the month before, to 20.7306 per MMBtu, following the start of the Middle East conflict, which caused the shutdown of Qatar’s giant Ras Laffan LNG facility.
Prior to these shipments, the Peru LNG plant sent a cargo to the Philippines on board the LNG carrier Gaslog Gladstone on February 24.
In February, the plant sent four cargoes, the same number as in January.
LNG giant Shell holds 20 percent in Peru LNG and offtakes all the volumes.
US-based Hunt operates the LNG plant with a 35 percent stake, while Japan’s Marubeni has 10 percent in the LNG terminal operator.
In 2024, MidOcean Energy, the LNG unit of US-based energy investor EIG, completed the purchase of an additional 15 percent interest in Peru LNG from Hunt Oil.
MidOcean’s interest in Peru LNG now stands at 35 percent.
