Companies working in the hydrocarbon sector paid a total of US$478.5 million to the Peruvian State in royalties between January and May of this year.
Companies working in the hydrocarbon sector paid a total of US$478.5 million to the Peruvian State in royalties between January and May of this year, reported the National Society of Mining, Petroleum and Energy (SNMPE).
The mining and energy union stated that this figure represented a 15.1% decrease compared to the US$563.5 million paid by oil and gas companies in royalties between January and May 2023.
In May, companies operating in the national hydrocarbon industry paid US$100.4 million in royalties, which represented an increase of 14.4% compared to the same month in 2023 (US$87.9 million).
“However, royalties for May 2024 (US$100.4 million) were lower than those reported in the same month of 2022 (US$151.7 million),” SNMPE noted.
The mining and energy union explained that, last May, companies in the hydrocarbon sector paid, in royalties, a total of US$48.2 million for the exploitation of natural gas, and US$20.2 million for oil, as well as US$32.1 million for the production of liquid natural gas.
Source: Larepublica
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