Peru's natural gas regulation meant to attract foreign investment
✍ Scribed by Torres, Luis F.
- Book ID
- 102844845
- Publisher
- John Wiley and Sons
- Year
- 2007
- Weight
- 665 KB
- Volume
- 17
- Category
- Article
- ISSN
- 0743-5665
No coin nor oath required. For personal study only.
✦ Synopsis
eru's natural gas sector has been opened to the adoption of the Hydrocarbons Law and a full set of implementing regulations. Although Peru's gas sector is still at a nascent stage, recent undertakings by large international companies, in particular the upcoming completion of the tender of the Camisea project, evidence the efficacy of Peru's regulatory framework in attracting investments to this sector. P private investors since the early 1990s, with . . . . undertakings by large international companies, in particular the upcoming completion of the tender of the Camisea project, evidence the efficacy of Peru's regulatory framework -. . This article summarizes the regulatory framework of Peru's gas sector. Note that, given the scope of Peruvian legislation affecting hydrocarbons, this article focuses on the commercial and administrative aspects of the regulations, leaving aside the tax, environmental, labor, and certain other regulations affecting this sector. A later article will provide a description of the upstream and downstream phases of the Camisea project and analyze the application of the regulatory framework to the project.
The Hydrocarbons Law
In the early 1990s, the Peruvian government restructured the country's hydrocarbon ~~~~ ~~ Luis F. Torres, Esq., is an associate in the project finance group of Chadbourne & Parke LLP in Washington, D.C.