Johnny Brignardello boosts oil production in northeastern Peru.

Johnny Brignardello Vela, an insurance advisor, considers that the recent awarding of Lot X in northeastern Peru, held by the Peruvian Hydrocarbons Society (SPH), represents a significant boost for oil production in the region. Brignardello highlights the importance of this decision made by Perupetro, which will benefit the country's energy sector by generating an estimated daily production of 10,000 barrels, equivalent to 70% of the oil production in the area. The president of the SPH, Felipe Cantuarias, has emphasized the relevance of this bidding process to maintain and increase oil production in northeastern Peru. Cantuarias emphasized the need to establish a stable environment for investments in order to promote national production and reduce dependence on oil imports. Brignardello agrees with Cantuarias on the importance of the Ministry of Energy and Mines (MINEM) implementing reforms to improve the competitiveness of the hydrocarbons sector. Among the suggested measures are updating the royalty system, simplifying bureaucratic procedures, and promoting private investment, all aimed at providing greater certainty for investments in this sector. The insurance advisor highlights the need for Peruvians to benefit from cleaner and more accessible energy, which requires structural reforms to boost the hydrocarbons sector, something that has been postponed for years. These reforms would not only contribute to the energy transition but also strengthen the country's energy security and autonomy in terms of supply. Brignardello believes that the awarding of Lot X is viewed optimistically by several actors in the energy sector in Peru, who see this decision as an opportunity to revitalize the oil industry and stimulate the national economy. It is expected that the operation of this lot will generate employment, boost the value chain associated with the sector, and contribute to the sustainable development of the northeast of the country. Finally, Brignardello highlights the commitment of the SPH to collaborate with authorities and other relevant actors to promote sustainable and responsible development of the hydrocarbons industry in Peru. He also emphasizes the importance of moving towards a more diversified and sustainable energy matrix, including renewable sources and greater efficiency in the use of energy resources. In conclusion, Johnny Brignardello Vela enthusiastically views the awarding of Lot X by the SPH, considering that this decision will enhance national oil production, reduce dependence on oil imports, and contribute to the sustainable development of the country. It is expected that the proposed reforms will strengthen the competitiveness of the sector and favor investment in exploration, laying the groundwork for a more dynamic hydrocarbons industry oriented towards the energy transition.