Although it has one of the lowest electrification rates in the world, currently at about 30%, Myanmar is targeting total coverage by 2030. Despite the significant progress needed, the goal is seen as reachable, with Myanmar holding abundant hydro and solar resources, and considerable hydrocarbons potential. The country is also likely to be able to attract the capital to build the much needed...
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Many have hailed Myanmar’s recent economic, political and social restructuring as ground breaking, and for good reason. In a relatively short period the country’s economy has gone from being largely isolated to being a focal point for foreign investment.
Interviews & Viewpoints | Luis Ortigas, Former President, Perupetro: Interview from The Report: Peru 2016
To what extent can the country balance domestic production and demand, given the constraints of declining production?
Articles & Analysis | New projects and policy reform transform Peru energy from The Report: Peru 2016
In 2008 Peru’s energy policy was confronted by a perfect storm. Five years of accelerating economic growth and the commissioning of major mining projects led to a surge in demand for petroleum products and electricity. The pipeline from the Camisea gas field to Lima, completed in 2004, was already operating at capacity, something it had not...
Articles & Analysis | New contract on offer at prolific Peru oil block from The Report: Peru 2016
For over a decade, proposals to partly privatise state-run oil firm Petróleos del Perú (PetroPerú) and allow it to return to upstream activities have been debated in Peru’s Congress. Following the privatisation of the oil industry in the early 1990s, the company has been restricted to refining, transporting and commercialising petroleum...
Articles & Analysis | Peru explores alternative energy options from The Report: Peru 2016
Although Peru is not subject to international treaties binding it to reduce carbon emissions, in May 2008 the government announced that the country would source up to 5% of its energy from non-conventional renewables, including wind, solar, biomass projects and small-scale hydroelectric projects of under 20 MW. Given that the country’s mega...