Peru To Get 15,000 LPG Stations Until 2009

Peru will get 15,000 stations, that will offer liquefied petroleum gas (LPG) until 2009, Peruvian regulatory body for investment in the energy and mining sector Osinergmin said on July 16, 2008.

The body noted that the 15,000 stations are in fact existing informal stations for sale of LPG. These stations are obliged, in accordance with the law, to register their operations and to start selling the fuel legally until 2009.

Furthermore, Osinergmin issues between 300 and 500 licences per month for the sale of LPG nationwide.

Osinergmin's official, Jose Diaz, explained that the illegal trade of liquid fuels as petrol, kerosene and diesel oil fell to 3.0 pct now from 100 pct four years ago. However, 50 pct of the LPG sold in Peru now is illegally traded, Diaz added.

As regards to the natural gas, Osinergmin did not detect any illegal trade due to the modern infrastructure and the higher control.

Publication: Business Digest
Provider: AII Data Processing Ltd.
Date: July 17, 2008