GasThe Ministry of Mines and Energy (MinMins) cast away any shadow of doubt that the regasification plant contract that has faced scrutiny in the local press is anything short of a sure thing.
Peru’s Mines and Energy Eleodoro Mayorga has announced that the government will eliminate the requirement for environmental impact studies for seismic exploration to encourage investment, a move that could mean more interest in the Andean country over the complexities of seismic exploration in Colombia.
The president of the National Federation of Palm Oil Growers (Fedepalma), Jens Mesa, said a recent resolution from the Ministry of Mines and Energy to fix the price to the biofuel producer is “straight out of a Chavista court”.
A high court ruling has impeded efforts from several municipalities to use a public referendum as a tool against allowing nearby oil production. Local leaders are taking different readings of the ruling.
The General Royalty System (SGR) has been in place for a little more than a year and already there is a brewing discussion as to the effectiveness in the new program, which has oil producing regions up in arms and calling for change.
The Ministry of Mines and Energy (MinMinas) issued a statement in which it says that the regasification plant awarded to a consortium headed by Promigas continues forward, and that despite reports saying otherwise, neither it nor the Inspector General has the authority to halt such a project.
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