Energy in Peru: Opportunities and Challenges

Nicole Spencer
June 23, 2010

As energy issues dominate the headlines, Americas Society and Council of the Americas are pleased to announce the release of Energy in Peru: Opportunities and Challenges, a working paper of Energy Action Group, which explores the transformation of Peru’s oil and gas sector from an industry in decline to a major contributor to the country’s economic growth.

The report provides an overview of the nation’s oil and natural gas history, examining the opportunities that exist to bring these resources to market, as well as some of the obstacles that exist to doing so.

The working paper also offers a set of recommendations on how to make the most of Peru’s energy resources, including:

• Peru should ensure a long-term commitment to a market friendly investment climate for energy development.
• Peru should strive to become a model environmental and social management.
• Peru should continue to ensure its domestic market benefits from natural gas.
• Peru should seek to further regional energy cooperation as a means to strengthen political and economic relations.
• Peru should take advantage of its location on the Pacific to pursue export markets for LNG in Asia.

Download a PDF of the report here.

Media inquiries: Contact Alex Andrews at (212) 277-8384 or aandrews@as-coa.org.

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