Among President Pedro Pablo Kuczynski’s key pledges in the 2016 election campaign was the “massification of natural gas” to serve residents and industrial users across southern Peru. Another feature of Peru’s policy focus is to diversify gas exports, including the potential renegotiation of the country’s liquefied natural gas (LNG) contract...
How can government, local communities and the private sector work together to guarantee sustainable mining projects?
How could the Ministry of Energy and Mining’s upcoming development projects be impacted?
The mining sector can be described as one of the main engines of the Peruvian economy as it accounts for 12% of total GDP. It creates direct employment for 174,000 workers and indirectly accounts for another 1.5m jobs. In 2016 mining exports totalled $23.8bn – 65% of the country’s total merchandise exports.
To what extent do low gas prices affect the ability of the government to diversify the energy mix?
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