Odebrecht consortium for pipeline in Peru warns about cancellation of contract

 

The consortium Gasoduto Sur Peruano, in which Odebrecht holds a 55 percent stake, issued a warning last Friday that faced with the imminent impossibility of securing financing on Monday it is possible that the billionaire concession contract will be canceled.

The Spanish Enagás holds 25 percent of the consortium and Peruvian Graña y Montero the remaining 20 percent.

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