Overview

• Energy Minister Jorge Luis Montero said Peru and Ecuador will sign a memorandum to bolster oil cooperation, citing Ecuador’s roughly 400,000 bpd versus Peru’s 40,000 bpd and proposing use of the Oleoducto Norperuano as Ecuador lacks needed southern infrastructure.
• Minem finalized a US$250 million agreement with the World Bank to transform the ministry for greater efficiency, sustainability and competitiveness.
• The government set a two-year deadline to fully deploy the Digital Single Window for mining to accelerate approvals.
• Industry leaders at Perumin 37 pressed for faster, investment-friendly permitting while emphasizing sustainability and social trust, arguing projects must advance quickly and correctly.
• Panelists underscored territorial challenges in remote areas with weak state presence, and business figures called for respect for domestic capital and for honoring existing commitments.