Webinar: Peru Natural Gas Sector Report 2023

Webinar: Peru Natural Gas Sector Report 2023

The latest developments in the natural gas sector in Peru were the focus of attention in the eighth edition of the Peru Natural Gas Sector Report, InfoGas 2023Presented by Promigas Peru and Quavii. This online event provided participants with detailed and up-to-date information about this growing industry, as well as the trends that were driving the massification of natural gas in the country.

Access to information

Promigas was committed to providing the community with this valuable consultation tool. Through the Infogas app, participants had constant access to all relevant information in the sector. This included statistics, reports from previous years and current news, keeping everything they needed to know about the natural gas in Peru.

An engine for development and the reduction of energy poverty

He natural gas played a fundamental role in the fight against energy poverty. “At this time, more than 1.8 million homes, industries and service stations in Peru benefited from this resource, consuming approximately 742 million cubic feet per day.” According to Juan Manuel Rojas, President of Promigasthis represented an economic and social revolution in the massification of gas in Peru.

The last five years had seen impressive growth in the number of natural gas users. With a compound annual growth rate of 22%, the natural gas had come to constitute 29% of the energy basket From Peru. Service coverage natural gas It had reached 17% at the end of 2022.

Incentives for massification

Incentives provided by the government, such as the Bonogas program of the Energy Social Inclusion Fund of the Ministry of Energy and Mines, had benefited more than 250,000 low-income customers in the last decade. Aquiles Mercado, Financial and Administrative Vice President of Promigaspointed out that, “Peru is experiencing a social revolution based on natural gas, which provided an economical, accessible, safe and environmentally friendly fuel.”

Challenges and opportunities

Miguel Maal, General Manager of Promigas, had highlighted the significant advances in northern Peru, where more than 250,000 homes consumed natural gas. However, he pointed out that rates in some areas exceeded those of Lima and Callao by more than 50%. Therefore, he urged the approval of Bill 679 with coverage for all regulated natural gas customers (up to 900,000 m3 / month) to guarantee equal rates throughout the country.

This great event was a unique opportunity to obtain valuable information about the natural gas in Peru, allowing participants to discover how this energy source was driving development and improving the quality of life of millions of Peruvians.

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Source: Larepublica

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