Protecting our biodiversity, building the future
For over 20 years now, Repsol has undertaken exploratory operations in the main geological basins in Peru. In 2012, the Sagari field, located in Lot 57, was discovered, which represented a challenge for our company: to carry out operations in a highly biodiverse environment, guaranteeing its preservation and conservation as well as promoting knowledge of its natural and cultural heritage.
The best way to manage biodiversity efficiently is to assess it from the early stages of projects. With this goal in mind, environmental diagnostics were carried out to design early prevention strategies, focusing on the early stages of project design and implementation.
These early diagnostics were the starting point of the Environmental Impact Study (EIS), which established the measures to be applied for the prevention, mitigation, and restoration of the impacts that could arise. Furthermore, an Early Alert System (EAS) was implemented to supervise its implementation and ensure compliance with our environmental commitments.
Thanks to the development of the EAS, measures such as the rescue and relocation of orchids, bromeliads, and other sensitive flora; the control of exotic species; the protection of sensitive tree species and nurseries; the protection of vulnerable wildlife and important areas for fauna; as well as the maintenance of forest connectivity through canopy bridges were carried out.
All these measures have made the Sagari project an example of coexistence between economic development and sustainability in a production area. In 2018, Repsol completed development of Lot 57 with the entry into production of the Sagari field, along with a new compression plant in Nuevo Mundo. This development will allow for increasing production by 25%, up to 200 million cubic feet of gas per day, equivalent to approximately the entire consumption of gas in Peru over ten days.
Repsol's contribution to the generation of environmental information has been key in learning more about the Machiguenga Communal Reserve. This will allow us to optimize the management of the protected natural area and enhance environmental services among local communities.