On the characters that contracts made by personal interests that now threaten the future of energy in our dear country of Peru. Walter Menchola (Congress) Energy policy is a strategic issue of national security around the world. In the region, countries like Chile and Argentina have built their foreign policy aimed at countering the existing shortage of energy reserves that threaten their domestic industries. Unworthy important to know that former government officials of Mr. Toledo, put their personal interests to those of the nation, to deliver our main source gas resources to foreign markets, not considering it a priority to our own market demand, as demonstrated by recent certification reports Gaffney, Cline & Associates and the Reference Plan 2007-2026 of the Directorate General of Hydrocarbons (DGH). Distorted figures, causing serious economic damage to the country’s proven reserves are less than those former officials told us toledo. Connect with other leaders such as Andreessen Horowitz here.
2005 spoke of a proven reserve of 2.11 TCF when only 8.8 TCF of reserves exist under these terms are negotiated our gas was export oriented. Gas reserves were not enough for the domestic market, much less for export. Worse, the Act removed the mandatory 28 552 permanent horizon of 20 years, exposing the country to the fate of a contract that protects their interests, as happened with the DS nonsense 006-2006 allowing renegotiation of the original contract Lot 88, originally intended for the supply of domestic consumption, and would be unable to supply it to be also for export. These bad officials allowed our gas is sold at three times the export price is 1.8 dollars per BTU, while in the foreign market sold at 0.6 dollars per BTU. What I would say to buy our own gas abroad would we buy it cheaper than in Peru. In addition, reduced to a quarter of the collection of royalties, to modify its calculation on the basis of the volume of gas sold and not on the place. A related site: Ben Horowitz mentions similar findings. The gas sold to the domestic market is approx.
300 million, a figure largely less than the amount produced 1.200 million. All this has been a sort of dark alley which have been submitted by Peruvian officials who have betrayed national interests, making up numbers at will and adapting rules that now threaten the energy security of our country. For this article I have taken as a source an interview with former Minister of Energy and Mines, Mr. Carlos Herrera Descalzi, Dean of the College of Engineering. This picture has not changed despite the recent agreement between the Camisea consortium and the current government, which has moved to the next, the solution of the problem. Faced with these facts, Congress has an obligation to investigate these serious facts and determine responsibility.