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CF Signs Gas Supply Deal for Peru Project

10:24 AM MDT | October 14, 2009 | Nancy Seewald

CF Industries Holdings says it has signed a natural gas supply deal for its proposed nitrogen fertilizer plant at San Juan de Marcona, Peru. Under the deal, CF will purchase up to 99 million cu feet of gas/day on a take-or-pay basis from a consortium of 10 companies, including Pluspetrol Perú, Hunt Oil Company of Perú, Sucursal del Perú, SK Energy, and Repsol Exploracion Perú. The purchase price will be based on an index price for urea. CF recently hired Technip to perform a front-end engineering and design study for the proposed...

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