Anchiway residents take Perú LNG natural gas camp, claim gas pipeline likely to cause irreparable ecological damage

Residents of the Andean community of Anchiway, located in Peru’s south central Department of Ayacucho, have taken Perú LNG & Techint Co.’s gas camp, and are currently keeping more than 300 workers hostage. Local farmers have also blocked off food supply to the gas camp, and have threatened to cut off water and energy supply [...]

Camisea gas contract to be revised, Peru fears inability to meet internal demand

The Peruvian government is currently reviewing the contract it signed with the Camisea Gas Consortium to permit gas exports to Mexico, now that gas reserves have been proven to be much lower than earlier reported. The current contract would seriously diminish supplies for the local market. “We began the revision on May 19,” said Minister [...]

Osinergmin: 6 percent electricity price hike expected in May

Residential and industrial electricity prices are projected to rise by 6 and 6.5 percent respectively, reported Osingermin, Peru’s independent mine and energy regulatory agency. The 6 percent price hike, to take effect on May 1, 2009, was approved by Osingermin this week. Peru’s Interconnected National Electrical System, or COES, had initially suggested a 12 percent price increase. The [...]