IEEJ：2009年5月掲載

IEEJ：2009年5月掲載

Diversification of the Energetic Matrix
Peru: An Open Economy forehead to the world

Ministry of Energy and Mines
Ｐｅｒｕ
Jennie Vizcarra Alvizuri
Ｄｉｒｅｃｔｏｒ of the Normative Hydrocarbons BureauＡｐｒｉｌ 2009IEEJ：2009年5月掲載

Energy Policy• Diversify the power matrix to assure the demand of energy
by fostering the competitiveness of our country in a
globalized world and by guaranteeing its sustainable
development.
• Promote the private investment in the power sector with clear
and stable rules.
• Promote and execute works of energy in the countrysideand isolated parts of the country to extend the demand, give
more opportunities, and improve the quality of life of thepopulation.
• Promote the efficient use of the energy.
• Promote regional power integration.

IEEJ：2009年5月掲載

Policy about the Hydrocarbons
Sector• Assure the rational supplying of fuels to competitive prices• Promote the hydrocarbons exploration in order to increase thereserves by means of a legal framework that causes theincrease of the production of oil and gas.
• Promote the efficient use of the natural gas in the industry,electrical generation, homes and in the transport.
• Promote a fast growth of the networks of natural gas
distribution in Lima and other regions of the country. Also, topromote the development of virtual ductos (LNG, CNG) to
supply zones that do not have natural gas networks.
• Promote the installation of petrochemical plants.
• Improve the quality of fuels by improving the refineries of thecountry• Promote the use of the biofuels by taking care of theecosystem and without affecting the nourishing chain.

IEEJ：2009年5月掲載

Policy about Electricity Sector•

Promote the investment in generation, transmission and distribution ofelectrical energy for the opportune and efficient cover of the demand.

•Promote the development and use of the renewable power plants forthe electricity generation.

•Continue the extension of the electrical cover by means of the work
execution in the countryside, isolated and border of the country.

•Foster the productive use of the electricity in order to increase thelevels of income of the population of the rural areas, by giving
sustainability to the service of electrical energy, to turn it into an
important factor in the fight against poverty.

•Promote the efficient use of the electrical energy.

•Promote the investments in generation and transmission of electricalenergy for regional power integration. Peru can be exporter ofelectricity in the Region, by, considering its hydroenergetic potential.

•Improve the normative and regulatory framework of the Sector.

IEEJ：2009年5月掲載

Energetic Matrix

IEEJ：2009年5月掲載

Production and Proven Reserves of Commercial
EnergySource: Ministry of Energy and Mines, National Energy Balance 2007

IEEJ：2009年5月掲載

Energetic Matrix Change
Before Camisea

24%
69%

Currently

7%

27%

56%
17%

GoalOilNatural Gas + NGL

33%

33%

Renewable Energy•

Hydro Energy•

Bio fuels•

Non Conventional Energy

34%

IEEJ：2009年5月掲載

Hydrocarbons

IEEJ：2009年5月掲載

In Peru, the hydrocarbon activities aredeveloped within a legal frameworkthat promotes the free company andguarantees the equal treatment to thenational and foreign investors.

IEEJ：2009年5月掲載

Law Nº 26221
The Organic Law for Hydrocarbons establishes
that local or foreign individuals or corporations
can carry out hydrocarbon activities throughout
the national territory.
Explorationyexploitation
(Art.
13°),
transportation via pipelines (Art. 72°), refining
and processing of hydrocarbons (Art. 74°),hydrocarbons imports (Art. 75°).

IEEJ：2009年5月掲載

Law Nº 26221
The Organic Law for Hydrocarbons
establishes Free Trade:“Article 77°.-The activities and prices
related to crude oil and by-products areruled by supply and demand.”IEEJ：2009年5月掲載

State Policy and Results to the Date
• Most of the hydrocarbon operations are of long time andthey are subjected to different levels of risk that go fromthe high exploratory risk to the smaller risk of the retailcommercial activities.
• Specially for the activities of high risk and greater periodof time, it is important that its development has juridicalstability.
• Peru, by means of the Organic Law for Hydrocarbons,
has established a STATE POLICY that has been
currently in force since 1993, and it has given thefollowing results:

IEEJ：2009年5月掲載

Investments in the Hydrocarbon Chain
70`s
Great investments in
Exploration /Production
Discovery of oil in theJungle
Signature of great
number of contracts

80`s

90`s

Great Investments inHydrocarbons
Transportation andProcessing

Great Investments inHydrocarbonsCommercialization

North-Peruvian Crude
oil Pipeline
Iquitos Refinery
FCC Construction –Talara Refinery
Petrochemical Plants
Fertilizers, Solvents,
and carbon blackModernization ofFueling and ServiceStation

20002005

Currently

Great Inverstments in
Natural Gas

Great Investments:

Development of Block88

Contracts Record

Gas-Liquids Separation
Plant in Malvinas

Natural Gas Processing
NGL Fractionating Plant
Plant in Aguaytia
in Pisco
Total Privatization of
Natural Gas and Liquids
upstream and partial
Transportation System
privatization ofdownstream
Natural Gas Distribution
System in Lima andModernization ofCallao
Pampilla Refinery byRepsol

Exploration/ProductionHeavy oil Exploitation
Processing Plants
Modernization of Refineries
Malvinas and Pisco
revampingPetrochemistry
Ammonia –urea-nitrate
Natural Gas
Micro liquefaction
GNCRegional Pipelines
Commercialization
LPG
VNG (Intelligent Chip)
Biofuels

IEEJ：2009年5月掲載

Petroleum
Contracts
CONTRATOS PETROLEROS SUSCRITOS
AÑOEXPLOTACIÓN EXPLORACIÓN

TOTAL

2001

1514292002

1613292003

161127

2004

171431

2005

172845

2006

1843612007

196584

2008

196180IEEJ：2009年5月掲載

The Latest Discoveries andConfirmations• Block 67 – Perenco• Block 39 – Repsol
The discoveries ofnew reserves have
• Block Z-1 – BPZ
broughtimportant• Block Z-2B – Petrotech projects in Peru.
• Block XIII – Olympic• Block 64 – Occidental• Block 57 – Petrobras

IEEJ：2009年5月掲載

Royalties
1132

1200

1000

MMUS$

800
672

701

2006

2007

543

600

400

308

123

1401999 2000

2001

200
71

69

43

1996

1997

1998

206

234

2002

2003

660
2004

2005

2008

IEEJ：2009年5月掲載

The use of Natural Gas
Peru has natural gas reserves and they
will be used for its development. Becauseof that, Peru is developing a plan ofgasification at national level.

IEEJ：2009年5月掲載

Reserves and Natural Gas Demand (TCF)
Total 16,1 TCF
2,0

Other Areas
Total 12,8 TCF
Block 56

TCF

3,4

4,2

Export Project

1,0

Petrochemical(Peru LNG)

Local Demand
10,7

PRH 2009-2028

Block 88
7,6Electrical:

4,2

Industrial:

2,3

Residential:

0,2Transportation: 0,9Reserves

DemandIEEJ：2009年5月掲載

Regional
Pipelines for thegasification ofPeru

IEEJ：2009年5月掲載

Regional Pipelines•The goal of the government is topromote the use of natural gas in
the country, so it is working on aplan to build transportation anddistribution systems of regional
pipelines.

•Proinversión, granted the good
pro to the partnership integrated
by the Enterprise Energía ofBogota (EEB) and Transportadorade Gas del Interior (TGI), for theconstruction of the Natural Gas
Distribution
SysteminIca,specifically in Pisco, Ica, Nazca
and Marcona. It will start its
operations in 2011.

IEEJ：2009年5月掲載

Regional Pipelines• In the same way, a contract has been subscribed with
Kuntur Transportadora de Gas S.A.C. by means of which
it was given a concession for the installation of a gas
pipeline to transport natural gas from Camisea to theSouth coast in order to benefit Cusco, Puno, Arequipa,Moquegua, and Tacna. The company has started
working on the Study of Environmental Impact• Besides, through Proinversión, it is being analyzed thebest alternative to install a pipeline in the Andes tobenefit Ayacucho and Junín as well as a pipeline inAncash.

IEEJ：2009年5月掲載

IEEJ：2009年5月掲載

Availability of Natural Gas for the National Market fromCamisea and the Areas near Camisea (2009-2017)
MMPCD

2009

2010 2011 2012 2013 2014 2015 2016 2017

1.-

Availability of natural gas delivery from Blocks 66 and 56 1098

1098 1098 1368 1368 1368 1368 1368 1368

2.-

Commitment from sale to Perú LNG

620620620620

620

620

620

620

3.-

Availability of natural gas delivery for the national market
from Blocks 88 and 56

478

478

748

748

748

748

748

748

4.-

Possibility of natural gas delivery of other blocks locatednear Camisea

400

400

400

5.-

Posible supply of natural gas of Camisea and nearareas for the national market* The real delivery is limited by transportation capacity.

1098

1098*

478

478

748

748

748 1148 1148 1148

IEEJ：2009年5月掲載

2000

Projections of Natural Gas Demand
2010-2028
Uso Vehicular

1800

Uso Residencial-Comercial
1600

Uso Industrial

1400

Uso EléctricoMMPCD

1200
1000
800
600
40020002010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Source: DGHIEEJ：2009年5月掲載

Thank youjvvizcarra@minem.gob.pe

お問合せ：report@tky.ieej.or.jp