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Peru Hydrocarbons Group Backs New Cabinet, Urges Gas Expansion and Stable Rules

The industry seeks clear policy signals to unlock investment as low output increases reliance on fuel imports.

Overview

  • The Sociedad Peruana de Hidrocarburos welcomed the cabinet led by Ernesto Álvarez Miranda and offered to collaborate with the Executive on an energy agenda.
  • The association called the appointment of Luis Enrique Bravo De la Cruz as energy and mines minister an opportunity to strengthen a competitiveness‑oriented roadmap.
  • Its priorities include regulatory certainty and faster permitting to restore investor confidence and unblock hydrocarbon projects.
  • The SPH pressed to extend natural gas use beyond Lima and Callao through tariff incentives for residential, commercial, vehicular and industrial users.
  • The group warned that 2025 oil output remains below 48,000 barrels per day, urged immediate public–private measures to deliver a "shock of confidence," and advocated a pragmatic transition that leverages natural gas and enables infrastructure and petrochemical development.