Monday July 4, 2022
  • Venezuela
  • Mexico
  • Colombia
  • Chile
  • Brazil
  • Argentina
  • Podcast
Versión Español
PanAm Post
  • Home
  • Regions
    • South America
    • North America
    • Central America
    • Caribbean
  • Politics
  • Economics
  • Opinion
  • Podcast
  • Authors
  • Contact
No Result
View All Result
  • Home
  • Regions
    • South America
    • North America
    • Central America
    • Caribbean
  • Politics
  • Economics
  • Opinion
  • Podcast
  • Authors
  • Contact
No Result
View All Result
PanAm Post
No Result
View All Result

Home » Peru: Environmental Reform Seeks to Boost Investment

Peru: Environmental Reform Seeks to Boost Investment

PanAm Post Staff by PanAm Post Staff
March 27, 2014
in News Brief
0
0
SHARES
0
VIEWS
FacebookTwitterTelegramWhatsapp

Eleodoro Mayoraga, Peru’s energy and mines minister, said on Tuesday that the government is preparing a package of reforms to speed up the time it takes to obtain permits for investments. These reforms would include the exemption of the requirement to perform environmental studies for some oil exploration projects.

The reforms come as a way of tackling the frequent complaints from energy and mining firms who claim the process for securing approvals for projects in Peru is slow. Mayorga said the cabinet is also considering a more efficient way of implementing the “prior consultation” law that gives indigenous peoples a say on projects near their communities, and a new scheme for the distribution of mining and energy proceeds to local governments.

RelatedArticles

Venezuela Opposition Leader Leopoldo López Will Consider Elections with Maduro

Former President of Colombia Warns About “Neo-Communism” And “Stabilization of Dictatorship” in Venezuela

November 16, 2020
Communist Weakness: Joe Biden’s Son Was Negotiating Business with China that Included Venezuela

Venezuela Could Run Out of Gasoline Before Maduro’s Fraudulent Election

October 29, 2020

Many oil concessions are up for auction this year in Peru, and the companies who win them could benefit considerably from these reforms. Earlier this month, the government stated that it will launch bidding on six offshore oil blocks by May, and tender 26 oil concessions in the jungle by the end of the year.

The idea of exempting some oil exploration projects from carrying out environmental studies has met resistance from the environment ministry. In this regard, Mayorga told Reuters that “It’s not about trying to throw the environment ministry out the window, or the prior consultation law… it’s about making them work better.”

Source: Reuters.

Previous Post

Leopoldo López’s Cousin: Opposition Martyr Still a Thorn in Chavismo’s Side

Next Post

Border Patrol Throw Political Bone to Civil Libertarians; Will We Fetch?

PanAm Post Staff

PanAm Post Staff

Related Posts

Venezuela Opposition Leader Leopoldo López Will Consider Elections with Maduro
Colombia

Former President of Colombia Warns About “Neo-Communism” And “Stabilization of Dictatorship” in Venezuela

November 16, 2020
Communist Weakness: Joe Biden’s Son Was Negotiating Business with China that Included Venezuela
Venezuela

Venezuela Could Run Out of Gasoline Before Maduro’s Fraudulent Election

October 29, 2020
Communist Weakness: Joe Biden’s Son Was Negotiating Business with China that Included Venezuela
Bolivia

Evo Morales Prepares Return to Bolivia with More Populism

October 29, 2020
Donald Trump, Restrictions Tourism Cuba
Cuba

Donald Trump Imposes New Restrictions on Tourism in Cuba

September 28, 2020
Chilean Economy Declines
Chile

Chilean Economy Declines 12.4% in June Due to Coronavirus Pandemic

August 6, 2020
ELN, Venezuela, Terrorist
Colombia

45% of the Colombian Terrorist Group ELN is in Venezuela

May 10, 2019
Next Post
Border Patrol Throw Political Bone to Civil Libertarians; Will We Fetch?

Border Patrol Throw Political Bone to Civil Libertarians; Will We Fetch?

Subscribe free and never miss another breaking story

  • Venezuela
  • Mexico
  • Colombia
  • Chile
  • Brazil
  • Argentina
  • Podcast

© 2020 PanAm Post - Design & Develop by NEW DREAM GLOBAL CORP. - Privacy policy

No Result
View All Result
  • Home
  • Regions
    • South America
    • North America
    • Central America
    • Caribbean
  • Politics
  • Economics
  • Opinion
  • Podcast
  • Authors
  • Contact

© 2020 PanAm Post - Design & Develop by NEW DREAM GLOBAL CORP. - Privacy policy

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. Privacy and Cookie Policy.