Private Investment Promotion Plan
|
|
- Marilyn Hunt
- 8 years ago
- Views:
Transcription
1 REPUBLIC OF PERU Private Investment Promotion Plan Project: Energy Security of the Country and Peru s South Gas Pipeline Development Private Investment Promotion Agency PROINVERSIÓN Committee in Energy Security Projects PRO SEGURIDAD ENERGÉTICA February,
2 Private Investment Promotion Plan Energy Security of the Country and Peru s South Gas Pipeline Development 1. Introduction and legal base 2. Background 3. Process General Design 3.1 Objective 3.2 Concession Modality 3.3 Financial Scheme 3.4 Concession Term 3.5 Short-listing Process 3.6 Award Criteria 3.7 Process Schedule 4. Conclusions - 2 de 7 -
3 Private Investment Promotion Plan Energy Security of the Country and Peru s South Gas Pipeline Development 1. INTRODUCTION AND LEGAL BASE As provided in the legal rules that define and regulate the concession granting of infrastructure public works and public services to the private sector, Legislative Decree No. 839, and Supreme Decrees N PCM (Article 6, Sections 2 and 3) and N PCM (Article 11), Legislative Decree No and its Regulation approved through Supreme Decree N EF (Article 5), and Law No , and the regulations in force on the date of the Award granting, PROINVERSIÓN Committee in Energy Security Projects PRO SEGURIDAD ENERGÉTICA, established by Supreme Resolution N 010--EF, published on , submits to PROINVERSION Steering Council for consideration this Promotion Plan of the project: Energy Security of the Country and Peru s South Gas Pipeline Development. Through Law Nº which strengthens Energy Security and fosters the development of the Petrochemical Pole in the Southern sector of the country, the implementation of measures for strengthening the Energy Security of the country through the diversification of energy sources, reduction of external dependence and reliability on the energy supply chain was declared of national interest. Therefore, in order to increase reliability on energy production and transport, the following principles have been established, among others: i) Geographical decentralization of energy production; ii) Major production capacity as to demand (reserve margin); iii) Exploitation through several production units and/or alternative fuel use in production units; iv) Application of diverse transport means; v) Redundancy in transport means; vi) Interconnection of diverse transport means; vii) Inclusion of greater energy storage. 2. BACKGROUND 2.1 Request submitted to PROINVERSIÓN through Official Letter N MEM/DM, whereby the Minister of Energy and Mines requires including Energy Security and Peru s South Gas Pipeline Development project in the Private Investment Promotion Process. 2.2 PRONVERSION Board of Directors Agreement reached in session held on January 4,, whereby the Upgrading of Energy Security and Peru s South Gas Pipeline Development project is included in the Private Investment Promotion Process, under - 3 de 7 -
4 the mechanisms and procedures set forth in Legislative Decree N 1012 and its regulatory, modification and related rules. 2.3 Supreme Resolution Nº 005--EF that ratifies the agreement reached by the ProInversión Steering Council, whereby it was agreed to include the Energy Security of the Country and Peru s South Gas Pipeline Development project. 2.4 Supreme Resolution Nº 010--EF that ratifies the agreement reached by the ProInversión Steering Council, whereby the establishment of the ProInversion Committee on Energy Security Projects PRO SEGURIDAD ENERGÈTICA was agreed and its members were appointed. 2.5 On February 1, PROINVERSION Steering Council reached an Agreement which entrusted the ProInversion Committee on Energy Security Projects PRO SEGURIDAD ENERGETICA with the referred project. 3. GENERAL PROCESS DESIGN 3.1 Objective To date, around 50% of the electricity generation of the country located in the central coast of the country depends on the Camisea Gas Pipeline, endangering the reliability on the national energy system. This vulnerable situation affects the entire National Interconnected Electric System (SEIN). The necessary infrastructure will be provided through the project for having an Energy Security System as defined by Law No , and transporting hydrocarbons from Anta to Cusco, until the southern coast of the country, thus helping the energy development and the Petrochemical Pole in such zone, among others. The direct influence zone of Peru s south gas pipeline will be the departments of Cusco, Arequipa and Moquegua. The terms will indicate the referential points through which Peru s south gas pipeline will pass from Anta-Cusco to Ilo-Moquegua. Pipes and/or infrastructure and logistics projects will be constructed from such gas pipeline for natural gas supply to the regions of Puno, Apurímac and Tacna, in accordance with the rules in force. A map is presented below with the referential route of the energy security system and Peru s South Gas Pipeline: - 4 de 7 -
5 LIMA (Lurín) Loop TGP HUANCAVELICA MALVINAS MADRE DE DIOS ZONA DE ENERGY SECURITY Km SEGURIDAD 88 Km ENERGÉTICA ZONE 127 Loop QUILLABAMBA TGP CHIQUINTIRCA ANTA CUSCO PISCO ICA ABANCAY CUSCO REGASIFICATION PLANTA DE REGASIFICACIÓN PLANT ICA AYACUCHO APURIMAC ESPINAR PUNO MARCONA JULIACA ACTUALES TGP (SISTEMA (CURRENT ACTUAL SYSTEM + LOOP + COSTA) COAST LOOP) Gasoducto / Poliducto Gas Pipeline / Poliduct CONTUGAS (SISTEMA (CURRENT ACTUAL) SYSTEM) PERULNG (GASODUCTO) PIPELINE) PROYECTADOS PROJECTED SEGURIDAD ENERGY SECURITY ENERGÉTICA (Gas (Gasoducto) Pipeline) ENERGY SECURITY (Poliduct) SEGURIDAD ENERGÉTICA (Poliducto) AREQUIPA MATARANI PUNO AREQUIPA MOQUEGUA TACNA ILO LAGO TITICACA BOLIVIA LOOP TGP (KM 88 KM 127) GASODUCTO SOUTHERN SUR PERUVIAN PERUANO GAS (Gasoducto) PIPELINE (Gas Pipeline) ZONA LOCATION DE UBICACIÓN ZONE OF THE PETROCHEMICAL DEL POLO POLE PETROQUÍMICO TACNA CHILE The convenience of installing a poliduct in the energy security zone until the province of Anta will be subject to a technical and economic evaluation by the Transaction Advisor and will be specified in the Bid Terms. 3.2 Modality This is a self-sufficient project that will be granted under the Comprehensive Project Bid modality, so the Successful Bidder will be responsible for the project design, financing, construction, operation, maintenance and transfer. Upon conclusion of the concession term, it will be transferred to the Peruvian State. The Concession will be granted for no valuable consideration by virtue of the provisions set forth in Subsection b) of Article 14 of Supreme Decree N PCM. 3.3 Financial Scheme This project is classified as self-sufficient since the conditions of Article 4 of Legislative Decree are met by: Not requiring State guarantees; and Not using public resources. Investments made in the Energy Security System in accordance with the evaluation report that allowed including this project in the promotion project (Official Letter No DM), are referential and come from a preliminary evaluation and are subject to variations originated from the corresponding technical study and amount to MM US$ 2,869, which will be paid in accordance with article 2.2 paragraph iii) of Law No de 7 -
6 Peru s South Gas Pipeline will be paid with the Guaranteed Income Mechanism, the additional toll to the Main Transmission System of the National Interconnected Electric System. The Transaction Advisor contracted by ProInversión will remain with the Committee during the process, and his main duties will be: i) Designing a technical economic model that simulates the economic financial behavior of the project under different demand scenarios; ii) Promoting participation in the possible investors bid, and iii) Others that are necessary for achieving a successful process. The Transaction Advisor will recommend the Committee the Design of the concession of a self-sufficient project for the participation of investors and gas pipeline operators. The Transaction Advisor will elaborate the technical and financial information in the adequate terms in order to comply with the proposed Schedule. Electroperú will contract the pipeline transport in accordance with section 3.2 of article 3 of Law Concession Term The concession term will be 20 years subject to changes that are supported in the corresponding technical economic studies according to the offer balance and the natural gas demand. 3.5 Short-listing Process The Bid Terms will establish the requirements that the bidder shall comply with to qualify for the Bid. He will demonstrate his or his related companies technical and financial capacity. 3.6 Award Criteria The Award will be granted based on the best proposal presented by the investor in accordance with the criteria established in the Terms. 3.7 Process Schedule The following is the schedule of the main process activities: Promotion Plan Call Terms and Contract Activities / Events Period First quarter First quarter Second quarter - 6 de 7 -
7 Term Consultations and suggestions to the Contract Analysis period of investors, qualification, submittal of the contract final version Final Phase Second quarter Second quarter Third quarter The Committee in charge of the process direction will be able to modify the Term schedule as many times and in the form it is necessary or convenient. 4. CONCLUSIONS The Promotion Plan is summarized as follows: The modality to be used will be mentioned in paragraph b) of Article 14 of Supreme Decree N PCM, Legislative Decree N 1012 an d its Regulation approved by Supreme Decree N EF and amendments. The C oncession will be granted for no valuable consideration. This is a self-sufficient project that will be granted under the Integral Project Bid modality, so the Successful Bidder will be responsible for the project design, financing, construction, operation, maintenance and transfer to the Peruvian State. The concession term will be 20 years subject to evaluation. Bidders will be qualified based on technical criteria that the operators must enforce. Such criteria are related to their experience in hydrocarbon transport infrastructure of similar or greater magnitude than the project, credit rating shown in their financial statements, and enforcement of legal requirements in accordance with the legislation in force, among other requirements included in the Terms. The Bid Award would be granted to the bidder that offers the best economic proposal in accordance with the criteria established in the Terms. The Investment Bank and/or Transaction Advisor will provide the Committee with the necessary support for the development of the economic-financial model, Bid promotion, and support in the different stages of the process. The Bid process schedule foresees that the Award would be granted the third quarter of year. - 7 de 7 -
Peru s Energy Future. The non-renewable sources
Presentation to the Peru s Energy Future March 2015 The non-renewable sources Eleodoro Mayorga Alba CEPLAN Webinar July 2015 Content 1- Perú in Numbers 2- Energy medium-term outlook Diagnostic The last
More informationConsejo Mundial de Energía Foro Biregional de América del Norte y de América Latina y el Caribe
Consejo Mundial de Energía Foro Biregional de América del Norte y de América Latina y el Caribe JUNIO DE 2006 Disclaimer Safe harbor statement under the Private Securities Litigation Reform Act of 1995:
More informationROAD PROJECT LONGITUDINAL DE LA SIERRA SECTION 2
ROAD PROJECT LONGITUDINAL DE LA SIERRA SECTION 2 LOCATION Location Cajamarca and La Libertad regions SECTION 2: CIUDAD DE DIOS CAJAMARCA-CHIPLE, CAJAMARCA-TRUJILLO AND CHILETE DEVIATION -PE-3N JUNCTION
More informationInter-American Development Bank Financing of Responsible Oil and Gas Developments
'IAIA12 Conference Proceedings' Energy Future The Role of Impact Assessment 32 nd Annual Meeting of the International Association for Impact Assessment 27 May- 1 June 2012, Centro de Congresso da Alfândega,
More informationFine-Tuning Regulation based on Access Indicators
Fine-Tuning Regulation based on Access Indicators Fiorella Arbulú Díaz 1 / Abstract This document highlights the importance of financial inclusion data in the policymaking process. In particular, it describes
More informationTRANS-PACIFIC PARTNERSHIP GOVERNMENT PROCUREMENT CHAPTER PERU S FINAL MARKET ACCESS OFFER ON GOVERNMENT PROCUREMENT
TRANS-PACIFIC PARTNERSHIP GOVERNMENT PROCUREMENT CHAPTER PERU S FINAL MARKET ACCESS OFFER ON GOVERNMENT PROCUREMENT SECTION A: CENTRAL LEVEL OF GOVERNMENT ENTITIES Goods Threshold: Services Threshold:
More informationHydropower Projects Portfolio
Business Network Forum 18th Meeting, Iquitos- Peru, 04 March 2008 MINISTRY OF ENERGY AND MINES Hydropower Projects Portfolio By Jorge Aguinaga Diaz General Director for Electricity 1 Content I. GENERAL
More information220 Kv MONTALVO LOS HÉROES TRANSMISSION LINE AND ASSOCIATED SUBSTATIONS
International Public Bidding to promote private investment in the CTS project: 220 Kv MONTALVO LOS HÉROES TRANSMISSION LINE AND ASSOCIATED SUBSTATIONS CTS: Complementary Transmission System. CALLED Location:
More information1. Presentation. 2. Overview of the crime of trafficking in Peru
Supplementary information report submitted by the Human Rights Commission of the Legal Clinic at the PUCP to the CESCR regarding trafficking in persons in Peru 1. Presentation The present report is the
More informationREPUBLIC OF PERU TENDER DOCUMENTS
REPUBLIC OF PERU PRIVATE INVESTMENT PROMOTION AGENCY COMMITTEE OF PROINVERSIÓN IN PROJECTS OF ROAD, RAILWAY AND AIRPORT INFRASTRUCTURE PRO INTEGRACIÓN TENDER DOCUMENTS COMPREHENSIVE PROJECTS TENDER FOR
More informationPERUVIAN PRIVATE ENERGY MARKET
Opportunities for Swiss Service and Equipment Providers PERUVIAN PRIVATE ENERGY MARKET OFFICIAL PROGRAM The strong economic growth in Peru over the last decade has enhanced its energy market, which is
More informationAPEC Information Privacy Principles in the Development of Outsourcing Business: Contact Center in Peru
2008/SOM1/ECSG/SEM/018 APEC Information Privacy Principles in the Development of Outsourcing Business: Contact Center in Peru Submitted by: Peru Technical Assistance Seminar on International Implementation
More informationFalabella Perú Peru Finance & Banking Day 2013 Julio Alcalde Chief Financial Officer
Falabella Perú Peru Finance & Banking Day 2013 Julio Alcalde Chief Financial Officer Falabella at a Glance Operational Highlights Multi-format retailer in Chile, Peru, Colombia, Argentina and Brasil 298
More informationInvestment opportunities in the Hydrocarbon Sector of Peru
Investment opportunities in the Hydrocarbon Sector of Peru Aurelio Ochoa Alencastre April, 2012 HC OCURRENCE IN PERU THE SUBANDEAN MEGATREND IN PERU 1. West Marañón Basin: Light Oil 2. East Marañón Basin:
More informationProInversión COMMITTEE IN ENERGY AND HYDROCARBONS PROJECTS PRO CONECTIVIDAD
REPUBLIC OF PERU PRIVATE INVESTMENT PROMOTION AGENCY ProInversión COMMITTEE IN ENERGY AND HYDROCARBONS PROJECTS PRO CONECTIVIDAD BID TERMS SPECIAL PUBLIC BIDDING FOR THE EXECUTION OF THE PROCESS: SOLE
More informationThe peruvian mining sector an overview
The peruvian mining sector an overview Pedro Martinez Carlevarino President January 19th, 2012 National Society of Mining, Oil and Energy (SNMPE) Our institution represents the main mining, hydrocarbons
More informationInvestment opportunities in Andean Region of Peru
PERU-QATAR January 2013 Investment opportunities in Andean Region of Peru Sierra Exportadora 1 Peru s investment climate has been changing in a very positive way Greater social inclusion and poverty reduction.
More informationGROWING ALONG WITH PERÚ
GROWING ALONG WITH PERÚ GROWING ALONG WITH PERU Andino Investment Holding S.A.A. is a Peruvian Holding leading to serve the Logistics Chain for foreign trade for over 40 years, and provide port and airport
More informationSCHOLARSHIP LANGUAGES - ENGLISH
SCHOLARSHIP LANGUAGES - ENGLISH Problematic LIST OF COUNTRIES ACCORDING TO INDEX OF ENGLISH LANGUAGE PROFICIENCY WORLDWIDE Very High Level 01 Denmark 02 Netherlands 03 Sweden 04 Finlandia 05 Norway 06
More informationVEHICLE CONVERSION TO DUAL GASOLINE/CNG FROM 150 TO 100,000 IN 5 YEARS IN PERU
VEHICLE CONVERSION TO DUAL GASOLINE/CNG FROM 150 TO 100,000 IN 5 YEARS IN PERU Background One of the main challenges when a natural gas (NG) reservoir is discovered in a country where there is no demand
More informationPeru s oil & gas investment guide
Peru s oil & gas investment guide 2016 / 2017 February 2016 Contacts EY Peru oil & gas leaders Paulo Pantigoso Country Managing Partner Tel: +51 1 411 4418 paulo.pantigoso@pe.ey.com Jorge Acosta Advisory
More informationFor personal use only
Antilles Oil and Gas NL ACN 111 823 762 HALF YEAR REPORT 30 June 2015 The information contained in this document should be read in conjunction with Antilles Oil and Gas NL s annual report for the year
More informationEnergy Act 2013 CHAPTER 32. Explanatory Notes have been produced to assist in the understanding of this Act and are available separately
Energy Act 2013 CHAPTER 32 Explanatory Notes have been produced to assist in the understanding of this Act and are available separately Energy Act 2013 CHAPTER 32 CONTENTS PART 1 DECARBONISATION 1 Decarbonisation
More informationFINAL REPORT OF ENVIRONMENTAL AND SOCIAL DUE DILIGENCE DURING CONSTRUCTION OF THE CAMISEA PROJECT, PERU
FINAL REPORT OF ENVIRONMENTAL AND SOCIAL DUE DILIGENCE DURING CONSTRUCTION OF THE CAMISEA PROJECT, PERU 1. INTRODUCTION: This Final Summary Report summarizes the Environmental and Social Due Diligence
More informationS.B.S. Resolution Nº 1928-2015 The Head of the Superintendency of Banks, Insurance Companies and Private Pension Fund Administrators
Waiver of Responsibility The law and any other regulation translated into English are only referential. The official language for any legal purposes is Spanish as published in the Official Journal El Peruano.
More informationAppendix 25. Content of a Competent Person s Report for Petroleum Reserves and Resources
Appendix 25 Content of a Competent Person s Report for Petroleum Reserves and Resources (See rule 18.20) The Competent Person s Report for Petroleum Reserves and Resources must include the following: 1.
More informationResolution S.B.S. N 10440-2008
Waiver of Responsibility The law and any other regulation translated into English are only referential. The official language for any legal purpose is Spanish as published in the Official Gazette. Resolution
More informationA Focus on New Heavy Oil Developments - Peru
A Focus on New Heavy Oil Developments - Peru Luis Ortigas Cuneo Chairman of the Board March, 2014 1 CONTENT 1. Peru: an under explored country 2. General Remarks 3. Contract Terms 4. New Bidding Rounds
More informationCorporate Presentation
1 Corporate Presentation 2 We are a peruvian Holding leading to serve the Logistics Chain for Foreign Trade for over 40 years, and provide Port and Airport Infrastructure. AIH Presence through the Logistics
More informationLAW Nº 5.248 (JANUARY 27TH, 2011) MUNICIPAL LAW ON CLIMATE CHANGE AND SUSTAINABLE DEVELOPMENT
LAW Nº 5.248 (JANUARY 27TH, 2011) MUNICIPAL LAW ON CLIMATE CHANGE AND SUSTAINABLE DEVELOPMENT States the Municipal Policy on Climate Change and Sustainable Development, regulates about the establishment
More informationWithin the Ministry of Petroleum Resources, technical issues of policy nature, regulatory control of the industry, revenues, royalties and fiscal
Nigeria s practice and experience in its domestic licensing regimes and views on the implementation of Article 82 with regard to its offshore oil and gas activities By Adesina Adegbie International Workshop
More informationQuarterly Results July-September 2013
Quarterly Results July-September 2013 WELCOME Promigas: An organization committed to energy and progress Develops energy markets in Colombia and Peru, both directly and through shareholdings in 14 companies.
More informationSITUATION OF CHILDREN IN PerU
SITUATION OF CHILDREN IN PerU executive SUMMARY Index INTRODUCTIOn... 1 SituaTIOn OF CHILDREN AND adolescents... 2 EARLY CHILDHOOD (FROM CONCEPTION THROUGH 5 YEARS)... 4 CHILDHOOD (FROM 6 TO 11 YEARS)...
More informationMexican Energy Reform. Implications and opportunities in the national electricity network
Mexican Energy Reform Implications and opportunities in the national electricity network Contents 1. What are the implications of the reform? 4 2. How can we help you identify opportunities and obtain
More informationPart 2 List of Peru. Section 1 Central Government Entities
Part 2 List of Peru Section 1 Central Government Entities 1. (a) Goods Threshold: 130,000 SDR (b) Services other than Architectural, Engineering and Other Technical Services related to Construction Services
More informationHP1265, LD 1778, item 1, 124th Maine State Legislature An Act To Enable the Installation of Broadband Infrastructure
PLEASE NOTE: Legislative Information cannot perform research, provide legal advice, or interpret Maine law. For legal assistance, please contact a qualified attorney. Emergency preamble. Whereas, acts
More informationPeru s oil & gas investment guide. 2015 / 2016 February 2015
Peru s oil & gas investment guide 2015 / 2016 February 2015 Contacts EY Peru oil & gas leaders Paulo Pantigoso Country Managing Partner Tel: +51 1 411 4418 paulo.pantigoso@pe.ey.com Jorge Acosta Advisory
More informationCase Study From. Gas and Power in Peru
1 Case Study From Peru restructured its electricity sector in the early 1990s. In a short period of time and despite the fact that privatization has been limited, the Peruvian electricity sector already
More informationPeruvian economic outlook and investment opportunities. Javier Correa Merchan Director, Investment Promotion Division Proinversión
Peruvian economic outlook and investment opportunities Javier Correa Merchan Director, Investment Promotion Division Proinversión Our country: Peru Economic perspectives Investment environment Investment
More informationRegional Perspectives on Natural Gas Supply and Demand
ariae Regional Perspectives on Natural Gas Supply and Demand San Diego, California May 17, 2004 Dionisio Pérez-Jácome Comisión Reguladora de Energía Index I. Natural Gas Market II. LNG Projects in Mexico
More informationGas Supplies & Pricing Law
Article: 1 Definitions Gas Supplies & Pricing Law The following Terms and expressions shall have the meanings set forth below unless otherwise stated herein: - Saudi Aramco: Saudi Arabian Oil Company -
More informationPROJECT EXPERIENCE Development/Transaction Support United States MANAGING DIRECTOR
Peter Abt Mr. Abt is a Managing Director in Black & Veatch s Management Consulting Division. He leads the division s Oil & Gas Strategy practice and holds primary responsibility for client management and
More informationCHAPTER 2 : TRADE IN GOODS. Except as otherwise provided, this Chapter applies to the trade in goods between the Parties.
CHAPTER 2 : TRADE IN GOODS ARTICLE 2.1 : SCOPE AND COVERAGE Except as otherwise provided, this Chapter applies to the trade in goods between the Parties. ARTICLE 2.2 : DEFINITIONS For the purpose of this
More informationMethodological tool Tool for the demonstration and assessment of additionality
CLEAN DEVELOPMENT MECHANISM TOOL01 Methodological tool Tool for the demonstration and assessment of additionality TABLE OF CONTENTS Page 1. INTRODUCTION... 3 2. SCOPE, APPLICABILITY, AND ENTRY INTO FORCE...
More informationCOMPETITION IN ROAD FUEL Contribution from Peru
COMPETITION IN ROAD FUEL Contribution from Peru Enforcement activities In terms of enforcement activity, in the last few years five preliminary investigations regarding activities in the road fuel supply
More informationDECRETO LEGISLATIVO Nº 1017 EN INGLÉS. Wednesday, June 4, 2008 LEGISLATIVE DECREES. Legislative Decree approving the Public Procurement Law
DECRETO LEGISLATIVO Nº 1017 EN INGLÉS Wednesday, June 4, 2008 LEGISLATIVE DECREES Legislative Decree approving the Public Procurement Law LEGISLATIVE DECREE No. 1017 Web Link: EXPOSICIÓN DE MOTIVOS - PDF
More informationLegislative and institutional framework for renewable energies in Algeria.
Commission de Régulation de l Electricité et du Gaz Commission for Electricity and Gas regulation ضبط لجنة الكھرباء و الغاز Legislative and institutional framework for renewable energies in Algeria. AHK
More informationPeru s REDD+ Towards a Readiness Preparation Proposal. FCPF Participants Committee June 28-July 1, 2010
Peru s REDD+ Towards a Readiness Preparation Proposal FCPF Participants Committee June 28-July 1, 2010 National and forestry Context Economic National circumstances Good Economic Performance. In the long
More informationGENERAL ASSEMBLY OF NORTH CAROLINA SESSION 2015 H 1 HOUSE BILL 255. Short Title: Building Code Reg. Reform. (Public)
GENERAL ASSEMBLY OF NORTH CAROLINA SESSION H 1 HOUSE BILL Short Title: Building Code Reg. Reform. (Public) Sponsors: Referred to: Representatives Brody, Riddell, Cotham, and Watford (Primary Sponsors).
More informationGRAÑA Y MONTERO. Conference Call. 4Q 2015 Results Presentation
GRAÑA Y MONTERO Conference Call February 01, 2016 Financial Discussion Performance of Financial Results Financial Performance 2 Financial Results Overview The Group achieved Revenues of S/. 7,832.4 MM
More informationPayroll Tax Rebate Scheme (Jobs Action Plan) Amendment (Fresh Start Support) Act 2014 No 78
New South Wales Payroll Tax Rebate Scheme (Jobs Action Plan) Amendment (Fresh Start Support) Act 2014 No 78 Contents 1 Name of Act 2 2 Commencement 2 Schedule 1 Amendment of Payroll Tax Rebate Scheme (Jobs
More informationLatin America/Caribbean. Andrews Kurth in Latin America and the Caribbean. Legal Services in Latin America and the Caribbean
Andrews Kurth in Latin America and the Caribbean With experience in leading projects and counseling clients in virtually every Latin American country and the Caribbean region, Andrews Kurth lawyers are
More informationDes$na$on La$n America Wellness Tourism Overview Tourism Boards Suppliers Sellers
Des$na$on La$n America Wellness Tourism Overview Tourism Boards Suppliers Sellers Presented by: Camille Hoheb Wellness Tourism Worldwide Wellness Travel Journal How wellness tourism is understood in La@n
More informationOnly in case of serious legal break
MEXICO Electricity and Hydrocarbons Regulator NAME WEBSITE LATEST ANNUAL REPORT Comisión Reguladora de Energía or Energy Regulatory Commission CRE http://www.cre.gob.mx http://www.cre.gob.mx/pagina_a.aspx?id=25
More informationLaw of Mongolia on Concessions
Economic Policy Reform and Competitiveness Project April 2005 Ulaanbaatar, Mongolia This publication was produced for review by the United States Agency for International Development The views expressed
More informationThe Electricity and Gas (Internal Markets) Regulations 2011
STATUTORY INSTRUMENTS 2011 No. 2704 ELECTRICITY GAS The Electricity and Gas (Internal Markets) Regulations 2011 Made - - - - 9th November 2011 Coming into force in accordance with regulation 1(1) 26.75
More informationANNEX III PERU S RESERVATIONS TO CHAPTER 11 (FINANCIAL SERVICES) HEADNOTES
P Subject to Legal Review in English, Spanish and French ANNEX III PERU S RESERVATIONS TO CHAPTER 11 (FINANCIAL SERVICES) HEADNOTES 1. Commitments under this Agreement, in the sub-sectors listed in this
More informationNamibia. Koep & Partners. Introduction
Koep & Partners Introduction Key legislation and regulatory structure Once largely ignored by international oil and gas companies, has in recent times been called one of the last frontiers of oil and gas
More informationbusiness results 2007
We are aware of our role and responsibility. We ensure a reliable transmission of natural gas and maintain the pipeline network infrastructure. We supply energy to people. 2 business results 2007 Table
More informationENERGY REFORM. Strengthen the stewardship of the State as the owner of the oil and gas, and as regulator of the oil industry.
I. The Objectives of the Reform. The bill being submitted by the Federal Executive for the consideration of the Congress of the Union, proposes that Constitutional Article 27 return to state what President
More informationSUPPLY CHAIN MANAGEMENT POLICY
NORTH WEST PROVINCIAL LEGISLATURE OFFICE OF THE CHIEF WHIP SUPPLY CHAIN MANAGEMENT POLICY - 1 - 1. Preamble To establish, through operational procedures, an effective system of supply chain management
More informationAgricultural Catastrophic Insurance for Poor Farmers in Perú. Lourdes del Carpio Manager, Agricultural Insurance Rio de Janeiro, November 2011
Agricultural Catastrophic Insurance for Poor Farmers in Perú Lourdes del Carpio Manager, Agricultural Insurance p g, g Rio de Janeiro, November 2011 La Positiva Seguros Who we are? La Positiva Seguros
More informationNatural Gas Industry in Brazil: Regulatory Evolution, Market Development and Investment Opportunities
Natural Gas Industry in Brazil: Regulatory Evolution, Market Development and Investment Opportunities Guilherme de Biasi Cordeiro Department of Trade and Transportation of Liquid Hydrocarbons and Natural
More informationREPORT On the work of the Croatian Energy Regulatory Agency For the year 2005
Republic of Croatia Croatian Energy Regulatory Agency REPORT On the work of the Croatian Energy Regulatory Agency For the year 2005 Zagreb, July 2006 Croatian Energy Regulatory Agency CONTENT A. REPORT
More informationREPUBLIC OF SOUTH AFRICA DISASTER MANAGEMENT AMENDMENT BILL
REPUBLIC OF SOUTH AFRICA DISASTER MANAGEMENT AMENDMENT BILL -------------------------------- (As introduced in the National Assembly (proposed section 76; explanatory summary of Bill published in Government
More informationEnergy Act 2011 CHAPTER 1 CONTENTS PART 1 ENERGY EFFICIENCY GREEN DEAL
Energy Act 2011 CHAPTER 16 CONTENTS PART 1 ENERGY EFFICIENCY CHAPTER 1 GREEN DEAL Introductory 1 Green deal plans 2 Green deal plans: supplementary 3 Framework regulations Green deal plan 4 Assessment
More informationVision Precision Value
Vision Precision Value Vision Energy and natural resources: new scenarios, new challenges The increasingly complex scenarios of the energy arena, natural resources, and environmental protection require
More informationPublished in "Official Gazette of the Republic of Macedonia" No. 67/2004 LAW ON AMBIENT AIR QUALITY I. GENERAL PROVISIONS
Published in "Official Gazette of the Republic of Macedonia" No. 67/2004 LAW ON AMBIENT AIR QUALITY I. GENERAL PROVISIONS Article 1 Subject of regulation (1) This Law shall regulate the measures for avoidance,
More informationCrime Prevention and Anti- Fraud Policy of Gamesa Corporación Tecnológica, S.A. (March 23, 2011)
Crime Prevention and Anti- Fraud Policy of Gamesa Corporación Tecnológica, S.A. (March 23, 2011) I. PURPOSE The Board of Directors of Gamesa Corporación Tecnológica, S.A. (the Company or Gamesa) has been
More informationLAW OF TRANSPARENCY AND ACCESS TO PUBLIC INFORMATION Amendment to Law No 27806
PERU LAW OF TRANSPARENCY AND ACCESS TO PUBLIC INFORMATION Amendment to Law No 27806 (Note from the Peruvian Press Council: text is integrated in accordance to the modifications indicated in the Modified
More informationSOUTH PACIFIC DATA AND INFORMATION NETWORK IN SUPPORT TO INTEGRATED COASTAL AREA MANAGEMENT (SPINCAM)
PROJECT SOUTH PACIFIC DATA AND INFORMATION NETWORK IN SUPPORT TO INTEGRATED COASTAL AREA MANAGEMENT (SPINCAM) FINAL REPORT December 2011 July 2012 PA/ Contract Nº 4500120859 ADDENDUM Nº2 13/03/2012 Table
More informationNATURAL GAS STORAGE LICENCE GRANTED TO [MARATHON OIL IRELAND LIMITED]
NATURAL GAS STORAGE LICENCE GRANTED TO [MARATHON OIL IRELAND LIMITED] TABLE OF CONTENTS PART I: PART II: TERMS OF THE LICENCE CONDITIONS OF THE LICENCE Condition 1: Condition 2: Condition 3: Condition
More informationPeru s oil & gas investment guide 2014 / 2015
Peru s oil & gas investment guide 2014 / 2015 contacts oil & gas leaders Paulo Pantigoso Deputy Managing Partner Tel: +51 1 411 4418 paulo.pantigoso@pe.ey.com Jorge Acosta Advisory Tel: +51 1 411 4437
More informationHydroelectric Power Plant - Los Cóndores. Santiago, April 2014
Hydroelectric Power Plant - Los Cóndores Santiago, April 2014 Introduction Los Cóndores, a large hydro project of 150 MW with water flow regulation using the existing water reservoir of the Embalse Laguna
More informationGovernment Gazette REPUBLIC OF SOUTH AFRICA
Please note that most Acts are published in English and another South African official language. Currently we only have capacity to publish the English versions. This means that this document will only
More informationREGULATIONS OF CONNECTICUT STATE AGENCIES. Department of Energy and Environmental Protection. Public Utilities Regulatory Authority
REGULATIONS OF CONNECTICUT STATE AGENCIES Department of Energy and Environmental Protection Public Utilities Regulatory Authority THIS COMPILATION WAS PREPARED BY THE STATE OF CONNECTICUT, PUBLIC UTILITIES
More informationPROJECT PREPARATORY TECHNICAL ASSISTANCE
A. Justification PROJECT PREPARATORY TECHNICAL ASSISTANCE 1. The Government of Azerbaijan, the Ministry of Transport and Baku Metro Company requested ADB to help improving its urban transport system and
More informationQueensland PETROLEUM AND GAS LEGISLATION AMENDMENT ACT 1997
Queensland PETROLEUM AND GAS LEGISLATION AMENDMENT ACT 1997 Act No. 71 of 1997 Queensland PETROLEUM AND GAS LEGISLATION AMENDMENT ACT 1997 Section TABLE OF PROVISIONS PART 1 PRELIMINARY Page 1 Short title.....................................................
More informationTERMS OF REFERENCE (ToR)
TERMS OF REFERENCE (ToR) Consultancy services for Monitoring the Implementation of Computerized Integrated Financial Management Information System (IFMIS) of BREB & PBSs for Institutional Strengthening
More informationQUINOA IN PERU, May 2014
QUINOA IN PERU, May 2014 Next to the tremendous growth of the Bolivian quinoa sector - which has brought benefits for the local economy as well as a lot of criticism from international media and scientists
More informationNORTHERN TERRITORY OF AUSTRALIA HEALTH SERVICES ACT 2014. As in force at 1 July 2014. Table of provisions
NORTHERN TERRITORY OF AUSTRALIA HEALTH SERVICES ACT 2014 As in force at 1 July 2014 Table of provisions Part 1 Preliminary matters 1 Short title... 1 2 Commencement... 1 3 Principles and objectives of
More informationINVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM
INVESTING IN TURKEY THE NEW INVESTMENT INCENTIVE SYSTEM Warsaw, February 2013 New Program Policy Orientation The year 2023 would be the centenary of Turkish Republic s establishment. Therefore we set up
More informationPeru: Renewable Energy Industry
Peru: Renewable Energy Industry Cesar Jochamowitz September 12 Summary Renewable energy remains a largely unexploited market in Peru, currently only providing about 0.6% of the national energy supply.
More information2014 No. 0000 ELECTRICITY. The Contracts for Difference (Allocation) Regulations 2014
Draft Regulations laid before Parliament under section 6(8) of the Energy Act 2013, for approval by resolution of each House of Parliament. D R A F T S T A T U T O R Y I N S T R U M E N T S 2014 No. 0000
More informationPreliminary information on UK and Scotland. UK Environmental Law Association: making the law work for a better environment
UKELA s response to Milieu consultants questionnaire on the effectiveness of the Recommendation 2014/70/EU on exploration and production of hydrocarbons (such as shale gas) using high- volume hydraulic
More informationAbdelly & Associés. Key legislation and regulatory structure. Introduction
Abdelly & Associés Introduction s current proven reserves are approximately 838m barrels, of which 51 per cent is oil and 49 per cent is gas. Approximately two-thirds of s proven gas reserves are located
More informationGUIDELINES FOR TOTAL PROJECT COST MANAGEMENT
GUIDELINES FOR TOTAL PROJECT COST MANAGEMENT March 2013 MINISTRY OF STRATEGY AND FINANCE TABLE OF CONTENTS CHAPTER Ⅰ GENERAL PROVISIONS Article 1 (Purpose)... 1 Article 2 (Definition of Total Project Cost)...
More informationGRAÑA Y MONTERO. Corporate Presentation
GRAÑA Y MONTERO Fourth Quarter 2015 Business highlights Grupo Graña y Montero at a glance Largest Engineering & Construction company in Peru measured by revenues 82 years of recognized operational excellence
More informationNATIONAL HYDROCARBONS COMMISSION
NATIONAL HYDROCARBONS COMMISSION BIDDING GUIDELINES FOR THE AWARD OF PRODUCTION SHARING CONTRACTS FOR THE EXTRACTION OF HYDROCARBONS IN SHALLOW WATERS SECOND INVITATION TO BID Bidding Process CNH-R01-L02/2015
More informationUSAID Peru 21 Years Supporting Efforts to Improve the Quality of Healthcare Delivery
USAID Peru 21 Years Supporting Efforts to Improve the Quality of Healthcare Delivery In Peru, USAID has supported efforts to improve the quality of healthcare through a strategy focused on closing gaps
More informationColegiode Bibliotecólogosdel Perú Peruvian College of Librarians
Colegiode Bibliotecólogosdel Perú Peruvian College of Librarians Ana María Talavera-Ibarra: anatalavera215@gmail.com Lilian Maura: limaurat@gmail.com BSLA Global Meeting in Manila, Philippines 30 May -
More informationNOTE FOR MINING AND OIL & GAS COMPANIES - JU N E 2 0 0 9
NOTE FOR MINING AND OIL & GAS COMPANIES - JU N E 2 0 0 9 A G U I D E T O A I M U K TA X B E N E F I T S 2 AIM Note for Mining, Oil and Gas Companies Contents Introduction 1 Companies to which this Note
More informationTres Palacios Natural Gas Storage Acquisition Overview. September 7, 2010
Tres Palacios Natural Gas Storage Acquisition Overview September 7, 2010 Forward Looking Statements NYSE: NRGY, NRGP Cautionary Statement Regarding Forward-Looking Statements This communication contains
More informationInternal Code of Conduct on Matters Relating to the Stock Market and Policy on the Use of Relevant Information
Internal Code of Conduct on Matters Relating to the Stock Market and Policy on the Use of Relevant Information 1. Objective This "Internal Code of Conduct on Matters Relating to the Stock Market and Policy
More informationOverview of the Electricity Sector in Egypt
Overview of the Electricity Sector in Egypt Milan 22-23 October - 2 nd Capacity building Reporting methodologies: how to collect data and monitor regulated entities Salma Hussien Osman Egypt ERA www.egyptera.org
More informationSummary of Request for Applications to participate in a tender process for twenty year licenses together with the acquisition of the businesses of
Summary of Request for Applications to participate in a tender process for twenty year licenses together with the acquisition of the businesses of two existing mobile network operators Issued by the Telecommunications
More informationDECREE 127/03 GENERAL REGULATORY FRAMEWORK FOR HIRING OF SERVICES AND GOODS FROM NATIONAL COMPANIES BY COMPANIES IN THE OIL INDUSTRY
DECREE 127/03 GENERAL REGULATORY FRAMEWORK FOR HIRING OF SERVICES AND GOODS FROM NATIONAL COMPANIES BY COMPANIES IN THE OIL INDUSTRY OIL MINISTRY ORDER 127/03 OF 25 NOVEMBER Considering the need to regulate
More informationDisaster Management Cycle
GIS TOOL FOR CALCULATING REPAIR COST OF BUILDINGS DUE TO EARTHQUAKE EFFECTS (CCRE CISMID) Miguel Estrada Carlos Zavala Fernando Lazares Jorge Morales Japan Peru Center for Earthquake Engineering Research
More informationThe Judges of the Fulton Superior Court hereby create a "Business Case Division" (hereinafter referred to as the "Division").
SUPREME COURT OF GEORGIA Atlanta October 11, 2012 The Honorable Supreme Court met pursuant to adjournment. The following order was passed: It is ordered that Paragraph 5 of Atlanta Judicial Circuit Rule
More informationRegulations for Determination of Pipeline Tariff for Natural Gas Pipelines
Draft Regulations for Determination of Pipeline Tariff for Natural Gas Pipelines Petroleum & Natural Gas Regulatory Board, New Delhi November 29, 2007 Reader may please note that this document is the property
More information