LATIN AMERICA ADVISOR

Energy ADVISOR

A daily publication Of the dialogue

March 1, 2024

What Will a New Energy Minister Mean for Peru?

President Dina Boluarte tapped Rómulo Mucho as Peru’s new energy and mining minister as part of a cabinet reshuffle. // Photo: Peruvian Government.

Q

A

Jennapher Lunde Seefeldt, associate professor of government and international affairs at Augustana University: “Peru is in dire need of stability, and given Mucho’s prior professional experience, at least some policy stability is expected. Mucho is very aware of the need for developing a variety of energy industries in Peru, with calls to advance the liquefied natural gas industry and expand copper extraction (worth up to $800 billion). He has publicly discussed the need to reduce fossil fuel reliance and increase public transparency of the extractive industries. However, much of the current concern revolves around reactivating investor confidence given Peru’s tumultuous political and social history. In the short term, Mucho and others believe cutting bureaucratic red tape for permitting approval times is key. Many projects have a license to operate but…”

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ABOUT THE Energy ADVISOR

A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.

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Staff

Gene Kuleta
Editor
P. 202.463.2920
E. gkuleta@thedialogue.org

Carl David
Goette-Luciak
Reporter

Nili Blanck
Reporter

board of advisors

Nigel Blackaby
Global Head, International Arbitration Group,
Freshfields Bruckhaus Deringer

Jimena Blanco
Chief Analyst,
Verisk Maplecroft

María José Cortés
Head of ESG,
Atlas Renewable Energy

Jeffrey Davidow
Senior Counselor,
The Cohen Group

Analia Gonzalez
Leader, Arbitration & Litigation,
Laitn America, BakerHostetler

Jonathan C. Hamilton
Partner,
White & Case

Raul Herrera
Partner, Corporate &
Securities Practice,
Arnold & Porter

James R. Jones
Chairman,
Monarch Global Strategies

Jorge Kamine
Partner, Corporate &
Financial Services,
Willkie Farr & Gallagher

Craig A. Kelly
Senior Director,
Int’l Government Relations,
Exxon Mobil

Jeremy Martin
Director,
Energy Program,
Institute of the Americas

Larry Pascal
Chairman, Americas
Practice Group,
Haynes & Boone

R. Kirk Sherr
President,
Clearview Strategy Group

Daniela Stevens
Director,
Energy Transition and Climate Program,
Inter-American Dialogue

Doris Rodríguez
Partner,
Hunton Andrews Kurth

Alexandra Valderrama
Director,
International Government
Affairs, Chevron

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