Peru's Energy Investment Guide 2024/2025

Unlock energy investment opportunities in 2024/2025 with our guide. Explore trends, strategies, and fiscal incentives for maximum growth.

Peru’s energy sector is vital to its economic growth. With substantial opportunities in oil, gas, and renewables, Peru’s strategic location and rich natural resources position it as a key player in the regional energy market. Ongoing reforms and investments aim to enhance infrastructure and regulatory frameworks, fostering a favorable environment for energy investments.

 Peru boasts significant hydrocarbon reserves and a growing focus on renewable energy. Key regions like the Amazon and coastal areas are crucial for oil and gas, while solar, wind, and hydropower are increasingly harnessed. Government efforts to diversify the energy matrix ensure sustainable growth. This guide highlights the importance of Peru’s energy sector and the opportunities for investors in this dynamic market.

Oil contracts

_{*As of May,2024.
Source: Ministry of Energy and Mines (MINEM).}

Exploitation contracts (as of May, 2024) 

Exploitation contracts (as of May, 2024) 

Exploitation contracts (as of May, 2024) 

Hydrocarbon Investment (2016-2023) exploration and exploitation phase in millions of USD)

_{*The numbers shown for year 2020 include instruments performed on September 2020.}

_{Source: Perupetro}

Oil & gas canon revenues (in USD billions)

_{Source: Perupetro.}

This chart provides a comprehensive overview of the financial contributions of the oil and gas industry to the Peruvian economy, reflecting the sector's volatility and its responsiveness to both domestic and international factors.

In Peru, the oil and gas sector is primed for substantial growth in the mid to long-term, driven by numerous projects garnering significant investment interest. These include distribution concessions for natural gas, the 7 Regions Project, the Integrated System of Transport Gas, and the North Oil Pipeline. Notably, Blocks V and VII have secured contracts, with daily oil production ranging from 90 to 1,000 barrels, signaling a robust market. Future investment prospects center on Block 31-C, recently extended for exploitation, and Block 192, now managed by Petroperu. Despite global health crises causing setbacks, offshore exploration remains promising, with Blocks Z-67, Z-68, Z-61, Z-62, and Z-63 attracting substantial investment and demonstrating vast production potential.

Natural gas audited production by oil well (2023)

_{Source: Perupetro.}

Estimated investment by sector percentage (2023)

_{Source: Private Investment Promotion Agency (Proinversión).}