Substantial investments are being made in Oman’s midstream and downstream oil industries as it looks to meet rising demand, boost its value-added petrochemicals industry and strengthen its position as an international energy transit centre.
Substantial investments are being made in Oman’s midstream and downstream oil industries as it looks to meet rising demand, boost its value-added petrochemicals industry and strengthen its position as an international energy transit centre.
Electricity use, driven by a growing population and a diversifying economy, is expected to grow by almost 10% annually for the rest of the decade. Peak demand in summer is around twice that of winter, meaning that quite a lot of capacity idles for part of the year while surges in usage cause shortages at other times. The outlook suggests...
While in the short term energy supply may be under considerable pressure due to rising demand caused by the rapidly growing economy, Peru’s wealth of natural resources bodes well for its long-term energy security, as well as the country’s potential to become a major energy exporter. With energy costs in neighbouring countries significantly...
In recent years mining companies from around the world have come to Peru in search of precious minerals and driven by demand for raw materials in emerging giants such as China, Brazil and India. The improved political and economic foundations that have been established following the tumultuous 1980s and 1990s have also played a key part in...
Though a wealth of natural resources protect long-term energy security, in the short term, surging demand continues to put pressure on the sector. A recent influx of investment in Peru’s hydroelectric power stations and natural gas-fired thermoelectric facilities should be enough to stave off any bottleneck in electricity generation and avert...
Though best known for its copper and gold, Peru’s rich, polymetallic geology supports the production of a wide assortment of minerals. Peru has the third-largest reserves in the world of gold, copper, zinc and silver, according to the US Geological Survey. Indeed, data from the Ministry of Energy and Mining (Ministerio de Energías y Minas, MINEM...
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