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Law for Petroperú to assume all the oil lots in the country passes to Plenary Session

Law for Petroperú to assume all the oil lots in the country passes to Plenary Session

The Energy and Mines Commission of the Congress of the Republic approved the favorable opinion of the bills 1905, 2108, 4033 and 4219, by means of which it is proposed, with a substitute text, the Law that declares the signing of mining contracts of national interest. hydrocarbons to promote the development and consolidation of the oil industry in order to contribute to the country’s energy security.

With 9 votes in favor, 7 against and 3 abstentions, the device that must still go through the plenary session declares that it is of national interest that Petroperú, through direct negotiation with Perupetro, be awarded all the oil blocks in the country for exploitation and exploration. This, with the objective of guaranteeing energy security in national territory.

In this way, Congress put Petroperú back in the race for the Talara lots, after the Executive decided to offer it a participation only as a minority partner in the northwest.

Among the provisions, it appears that the state oil company will evaluate and determine, before signing the contracts, which are the most convenient crude oil deposits for its operations from the technical, economic and social-environmental point of view.

“The signing of hydrocarbon contracts between Perupetro and Petroperú will be aligned with the National Energy Policy and the annual and five-year objectives approved by the Ministry of Energy and Mines (Minem),” the document states.

Source: Larepublica

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