In a past outlook, BNamericas highlighted how Bolivia’s vast natural gas reserves coupled with the government’s push to accelerate hydrocarbons E&P will guarantee the use of natural gas to fire power plants for years to come.
The same can be said for Peru and its Camisea-led natural gas reserves and the country’s efforts to increase the offtake of this hydrocarbon for all sectors, in particular electricity production.
Indeed, in the third quarter of last year, gas shipments from hydrocarbons transporter TGP to power generators rose 19% from 3Q10.
A study from World Bank-administered energy sector management assistance program Esmap highlights Peru’s low natural gas price and the resulting low rate for power generation versus other energy sources.
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