Peru's prime minister says that his country will be a net exporter of energy.
Instead of tightening the screws of foreign investment in oil and gas, Peru is courting it.
The government decided to open up swathes of the country tot exploration, and spend $1 billion to modernisate a state-run oil refinery and the construction of an export terminal for a huge liquefied natural gas project. Those investments would be the biggest in the history of the country, Peru.
Peru's president (Garcia) has a clear vision. He dreams of a petrochemical industry that creates thousands of new jobs. All this he will finish by mid-2011, because than he leaves office.
Big dreams, but if all this will become real... We'll see in the future.
Ofcourse not everybody is so enthousiastic as the president is. People of the environment think that the rush to develop Peru's oil and gas, will endanger the Amazon and coast, and also the welfare of some of the country's citizens.
Understandable that some people react like that, because when a country becomes more industrial, mostly the positives are highlighted but the many negatives will not have enough attention. And some people than will have difficulties in their lifes...
On the other hand, it's good that a country as Peru will make their country stronger and more open.
The future brings us more information if the plans will work or not ...
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