The current mining investment portfolio in Peru, amounting to US$53,130 million spread over 46 projects (25 of them copper), would be enough to displace the neighboring country of Chile as the first global supplier of the red metal, assured the Ministry of Energy and Mines (Minem). During the decentralized session of the Energy and Mines […]
Tag: Minem
Minem maintains a portfolio of mining projects for US$18,427 million in Cajamarca, including Conga
He Ministry of Energy and Mines (Minem) reported that it maintains a portfolio of mining projects for more than US$18,427 million in Cajamarca, including Conga, paralyzed since 2011. During his presentation at the decentralized session of the Energy and Mines Commission of Congress, held in Cajamarca, the minister of the sector Oscar Vera maintained that […]
Michiquillay: US$2.5 billion copper project gains ground in its exploration stage
Michiquillay, in Cajamarca, is one of the most important copper projects in the portfolio of the Ministry of Energy and Mines (Minem). It is in charge of Southern Perú and its operation is planned for 2032. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for […]
Minem: BonoGas arrives in Piura in November to finance natural gas connections
He Ministry of Energy and Mines (Minem) announced that, starting in November, the BonoGas program, which finances internal natural gas connections, will begin to be implemented in the Piura region, “allowing more Peruvian families to have clean energy at a lower cost.” On October 15, Minem, as Administrator of the Energy Social Inclusion Fund (FISE), […]
Petroperú receives Lot Z-69 without a partner after increasing production of VI
The Peruvian Government and Petroperú will sign today the hydrocarbon exploitation license contract, for up to 2 years, in the Lot-69formerly Lot Z-2B, after successfully receiving and increasing production in lots I and VI, also in Talara. Contrary to the original project, the state oil company will enter Lot-69 without a partner, because The two-year […]
Natural gas: Minem and Proinversión sign agreement to expand the network in Arequipa, Moquegua and Tacna
The Private Investment Promotion Agency (Proinvestment) and the Ministry of Energy and Mines (Minem) signed this Monday, November 13, the agreement for the development of the project ‘Furtherification of natural gas use – Distribution of natural gas through a pipeline network in the regions of Arequipa, Moquegua and Tacna’ and thus provide clean and economical […]
At the end of the third quarter, Peru already produces 16% more copper than in 2022
At the end of the third quarter of 2023, accumulated copper production in Peru recorded an increase of 16% (2 million 005,957 fine metric tons, FMT) compared to the same period in 2022 (1 million 728,967). According to the Mining Statistical Bulletin (BEM), in September the production of the red metal reported 235,178 TMF, a […]
South West natural gas concession is reactivated in December
3 years ago, the Spanish company Naturgy withdrew from the south west concession that provided natural gas to Arequipa, Moquegua and Tacna, and led to the entry of Petroperú as temporary administrator. During that time, not a single residential, commercial or faucet installation was reconnected. Petroperú, by law, was only responsible for operating and maintaining […]
Norwegian giant Statkraft with permission to develop solar panels in Moquegua
The Peruvian Government granted the definitive concession to develop electricity generation with Renewable Energy Resources (RER) in the “Central Solar Fotovoltaica Lupi” project to the company GR Vale SAC, whose shares in this photovoltaic complex were purchased by the Norwegian giant Statkraft in January this year. The Lupi Photovoltaic Solar Power Plant, located in the […]
Massification of natural gas: single national rate is now a reality
Finally, the Plenary Session of the Congress of the Republic approved bill 679 to provide a single national natural gas rate aimed at the domestic, industrial and vehicular sectors, a device that seeks to contribute to the massification of this resource throughout the territory. Originally, the project had been approved on June 23, but almost […]