📋 Tender Overview
Vice Minister of Hydrocarbons highlighted the opportunities to value reserves in Camisea, Candamo and Tumbes.
The Ministry of Energy and Mines (MINEM) reaffirmed that the massification of natural gas must be consolidated as a long-term State policy, aimed at guaranteeing decentralized energy development, with concrete benefits for the population and that contributes to the strengthening of the countrys energy security.
During his presentation on progress and perspectives of the energy sector in Cusco, the Vice Minister of Hydrocarbons, Marco Agama, highlighted that Peru has an important gas and energy potential, which represents an opportunity to promote well-being, employment, strengthen regional competitiveness and sustainability for future generations.
In this framework, he reported that Lot XXIII located in Tumbes is in the exploration stage and has 0.1 (trillion cubic feet) of contingent resources and 0.8 TFC of prospective resources. Likewise, Area LXXXVI, located offshore in the Tumbes Sea, registers 1 TCF of contingent resources and 5.9 TFC of prospective resources.
The vice minister also highlighted the gas potential of Camisea and Candamo, which includes Lots 88, 56, 57, 58 and the Madre de Dios basin, where prospective resources estimated at approximately 20.4 TCF have been identified. This volume would significantly increase national natural gas reserves and extend Perus energy autonomy by up to 30 years.
In this context, the MINEM highlighted the importance of strengthening the institutional framework, promoting adequate inter-institutional articulation and generating predictability for investments, to continue promoting responsible and environmentally friendly exploratory activities.
Likewise, it was noted that it is essential to continue promoting more efficient processes for the management of permits and procedures, in addition to strengthening the social license, in order to ensure the sustainable execution of energy projects for the benefit of the regions.
Energy development must translate into concrete benefits for the population and contribute to closing gaps in the regions, highlighted the vice minister of hydrocarbons.
The MINEM reaffirmed its commitment to continue promoting actions aligned with the National Energy Policy of Peru 2010-2040, aimed at strengthening the countrys energy self-sufficiency, promoting the development of the natural gas industry and promoting its use in the domestic, transportation, commerce, industry and efficient electricity generation sectors.
