To what extent do low gas prices affect the ability of the government to diversify the energy mix?
Displaying 829 - 834 of 2619
Interviews & Viewpoints | Gonzalo Tamayo, Minister of Energy and Mines: Interview from The Report: Peru 2017
Articles & Analysis | Peru's mining sector looks to become primary copper supplier in Latin America from The Report: Peru 2017
Copper production in Peru is on an upward trend. As a result of a big expansion in output in 2015, Peru overtook China to become the world’s second-largest copper producer. That increase was mainly due to new capacity at the Las Bambas project, owned by Chinese-Australian company MMG, and at the Cerro Verde mine, controlled by Freeport-McMoRan...
The advent of plentiful natural gas has led to an evolution of the energy sector. 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...
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 – consisting of 65% of the country’s total merchandise exports. The medium-term outlook is certainly positive, with a range of new mines...
Over the last two decades Peru has been one of the fastest-growing economies in the region. Remarkably resilient to global headwinds, positive GDP growth has continued despite the end of the commodities boom. Yet the growth rate has slowed and the initial impetus of a first wave of structural reforms has faded. The question now is whether the current administration can address problems, implement further reforms and re-accelerate the economy.
Chapter | Table of Contents from The Report: Tunisia 2017
There are no articles in this chapter. To view the table of contents, please open click the "View in online reader" link above.