The Ministry of Energy and Mines (Minem) recognized that the State does not have sufficient resources to complete the massification of natural gas, so an additional item of US$ 500 million will be needed to carry it out.
During his presentation before the Energy and Mines Commission of Congress, the Vice Minister of Mines, Jorge Chávez, specified that the US$ 300 million available in the Energy Social Inclusion Fund (FISE) will only be enough for the initial phase.
“We agree that the MEF must be present to, in the medium term, make a projection line to reach massification as soon as possible. We have S/ 1,200 million, about US$ 300 million, and we would be missing US$ 500 million to carry it out. We have the resources to start, but we must give it sustainability there,” said Chávez Cresta in his capacity as deputy minister also in charge of the Hydrocarbons sector.
In November, the government of President Pedro Castillo sent to Congress the Executive’s project that proposes creating the Compensation Mechanism for Decentralized Access to Natural Gas, which aims to promote and promote the mass use of residential and vehicular natural gas at the national level. .
This mechanism would be financed with a surcharge on gas transportation that is applied to all customers of companies that transport gas through pipelines, that is, there would be a single rate for natural gas at the national level.
In this way, the natural gas rate for Cálidda users in Lima and Callao would rise between 0.6% and 1.1%, while electricity generation will rise 1.6%, which will imply an increase of 0.19 % on electricity rates up to 30 kW/h and 0.25% on electricity bills up to 150 kW/h.
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