The General Director of Hydrocarbons of the Ministry of Energy and Mines (Minem), Erick garcia, pointed out yesterday that, within the framework of the natural gas massification program, the current Public-Private Partnerships (PPP) schemes could not be implemented for some regions, which is why its portfolio already has other alternative mechanisms to bring the resource to various corners of the country.
The official said that Minem established other channels, which will also be reported to the recently created Multisectoral Commission.
“We have changed some rules, we are going to change another one soon that will make that viable. It is something that is being merited in the ministry and we are also going to report it to the commission, but the objective is clear: to bring natural gas to the regions with other schemes where the State has to have a little more active participation, because the cities and regions do not have the same configuration ”, he noted in the presentation of the report Natural Gas Sector in Peru of Promigas and Quavii.
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Along these lines, he emphasized that the schemes must be adapted to each reality to achieve the massification of natural gas in Peru.
Said announcement is in line with what was expressed by the president Pedro Castillo, via Twitter, on the development of the infrastructure for the massification of natural gas in eight regions: Cusco, Puno, Apurímac, Arequipa, Moquegua, Tacna, Ayacucho and Ucayali.
“The implementation of the New Natural Gas Massification Policy will go hand in hand with the renegotiation of the Camisea contract,” Castillo wrote.
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New organic hydrocarbon law
On the other hand, Erick García pointed out that Minem already has in its portfolio a new organic hydrocarbon law, which is important “not only to boost investments but also to bring the benefits of the oil industry to the populations.”
It is worth noting that once this initiative has been agreed between various ministries, it will be presented to Congress. “The aspect of closing gaps is prioritized in our law,” he added.
Likewise, the specialist said that they will also update the regulations for the qualification of contractor companies as well as the regulations for exploration and exploitation, which, together with the new organic hydrocarbon law, would come out no later than this year.
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García emphasized that his portfolio has already modified some regulations to allow the commercialization of LNG (Liquefied natural gas), as well as the implementation of LNG projects to spread the use of gas in mining, industry and interprovincial transport of cargo and passengers.
“This is going to boost the economy. We have been making several regulatory changes to date that give clear signals to investors of what the established energy policy is, which is the massification of natural gas ”, argued García, who also stressed that they will reduce the import of LPG and diesel and increase local production so as not to import and consume what we have.
There are natural gas reserves for 24 years
Aquiles Mercado, administrative and financial vice president of Promigas, explained yesterday that Peru has natural gas reserves to cover demand for the next 24 years. With that, there are sufficient resources for its massification.
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“At this time, the country has, taking into account proven, possible and probable reserves, 13.2 trillion cubic feet (TPC) of natural gas,” he explained.
According to the Report of the Natural Gas Sector In 2021, despite the pandemic, Peru achieved 1,244,000 natural gas users in 2020, 12% more than in 2019.
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Erick García, DGH Minem
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“The current PPP schemes for some regions have not been implemented. The Minem has already established other mechanisms, which will also be reported to the Multisectoral Commission ”.
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