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    Camisea: 18 years contributing to natural gas massification

    August 8, 2022 - CE Noticias Financieras


      The Camisea project has changed Peru's energy matrix, generating important benefits such as savings for industries, businesses, transporters and residential users. Camisea represents 42% of the country's entire hydrocarbon industry, generating significant income for the central government and local governments in its area of influence, as well as contributions to the massification of natural gas, so that more Peruvians have access to this energy source.

      Currently, more than 2 million Peruvian homes, industries and enterprises benefit from Camisea Natural Gas. In addition, there is enough production to supply more Peruvian homes with this energy source (400 MMCFD - million cubic feet - are reinjected daily, which is equivalent to 25% of the total production).

      On the other hand, there are more than 324 thousand light vehicles that use Camisea NGV (natural gas for vehicles) and as of July of this year, 335 refueling stations and gas centers are in operation, which allow bringing Camisea NGV to 9 regions, a cheaper, cleaner and more stable energy at a stable price.

      It is estimated that vehicle users have benefited, since 2004, with more than USD 11,500 million in savings by substituting gasoline for Natural Gas. On the other hand, according to Macroconsult, since the start-up of Camisea, savings for electricity users amount to USD 54 billion.

      Between 2004 and 2021, Camisea generated more than 28,000 direct jobs nationwide and has been a promoter of the country's economic dynamization. It has also granted important fiscal contributions (royalties and taxes) to Peru for more than S/39,000 million since the beginning of its operation, with which it has been able to finance 24,000 public projects, only in the last 8 years.

      The Camisea project is one of the main actors in the achievement of the objectives set by the Peruvian State within the framework of the Paris Agreement, by allowing the diversification of the energy matrix towards cleaner fuels in various sectors such as electricity generation, transportation and industry.

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