What is the exploration strategy to raise oil production from 65,000 barrels per day (bpd)?
Peru Energy
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Interviews & Viewpoints | Eleodoro Mayorga, Minister of Energy and Mines: Interview from The Report: Peru 2015
Articles & Analysis | It looks likely that the economic benefits of energy deals with Peru’s neighbours will outweigh political hesitation from The Report: Peru 2015
Peru’s energy sector presents a large number of opportunities despite the continuing salience of various political obstacles. Peru’s energy resources, particularly natural gas and hydroelectric potential, exceed the country’s current demand for energy and will continue to do so for the foreseeable future. The country has around 60,000 MW of total hydroelectric potential...
The growth of the mining sector, driven by a sharp rise in commodity prices, spurred Peru’s economy to the fastest sustained growth rate in Latin America during much of the past decade. The recent fall in commodity prices, however, has led to a significant drop in the value of Peru’s mining exports, and consequently, a slowing of GDP growth in 2014. The central bank lowered its outlook on...
Peru’s energy sector is undergoing a period of rapid transformation. Ten years ago energy demand was low and the country depended almost entirely on hydroelectric power in addition to petroleum imports to meet its needs. At that time, Peru had limited oil production, no production of natural gas and little to speak of in terms of energy exports. Today, by contrast, the country is among the...
Though Peru’s economic growth registered a slowdown in 2014 - to an estimated 3.1% according to the central bank compared to rates of between 5% and 9% for much of the past decade - the mining-led economy is expected to regain momentum in 2015 as diversification efforts continue and government measures to stimulate investment take effect.
Tras varios años de especulación, Perú finalmente ha sentado las bases para la venta de acciones de la compañía petrolera estatal, Petroperú, las cuales podrán ser adquiridas en el mercado privado.