EFE | Lima

The Camisea consortium developing Peru's largest natural gas fields said it paid royalties to the government exceeding $1.16 billion in 2012.

The Cuzco region, where the Camisea reserves are located, received half of that total - or around $581 million - last year, the consortium said in a statement Tuesday, adding that since operations began in 2004 royalty payments have totaled some $4.89 billion.

A view of the massive Camisea natural gas fields in southeastern Peru. The Camisea consortium developing those fields said it paid royalties to the go
A view of the massive Camisea natural gas fields in southeastern Peru. The Camisea consortium developing those fields said it paid royalties to the government exceeding $1.16 billion in 2012. The Cuzco region, where the Camisea reserves are located, received half of that total - or around $581 million - last year, the consortium said in a statement Tuesday, adding that since operations began in 2004 royalty payments have totaled some $4.89 billion. EFE/File
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