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Peru declares emergency over hydrocarbon supply in Amazon region
๐Ÿ‡ต๐Ÿ‡พ Paraguay /Disasters & Emergencies

Peru declares emergency over hydrocarbon supply in Amazon region

From ABC Color · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News From a news agency New plan
  • Peru's government declared a one-year state of emergency for hydrocarbon supply in the Amazonian region of Ucayali.
  • The measure follows protests and transport strikes against rising diesel and gasoline prices, exacerbated by global conflicts.
  • The emergency declaration aims to improve supply security, ensure economic activity, and increase fuel reserves to seven days.

Peru's government has declared a one-year state of emergency for hydrocarbon supply in the Amazonian region of Ucayali, responding to escalating protests and transport strikes. Demonstrations began Monday over significant increases in diesel and gasoline prices, which the government attributes to external factors like the Middle East conflict and global distribution challenges.

our government has the obligation to have responses when external causes affect the quality of life of compatriots

โ€” Keiko FujimoriPresident Keiko Fujimori explaining the government's rationale for intervention.

As an extraordinary measure, President Keiko Fujimori announced a targeted subsidy of 15-20% for fuel prices, benefiting freight and passenger transporters, including mototaxi and river transport operators. Fujimori stated the government's obligation to address issues affecting citizens' quality of life.

The Ministry of Energy and Minas formalized the emergency declaration through a resolution, citing Ucayali's vulnerability in storage and commercialization infrastructure, limited autonomy, and reliance on land transport from the coast. These factors can disrupt supply and increase fuel costs.

This provision will allow short-term measures to provide greater security to the supply in the region, contributing to ensuring the continuity of economic, basic, and essential activities, necessary for social development and well-being in the Ucayali region.

โ€” Ministry of Energy and MinasStatement from the Ministry of Energy and Minas explaining the purpose of the emergency declaration.

The ministry aims to increase the region's fuel reserves from the current 1.5-3 days of consumption to seven days. This will enhance the region's resilience against supply chain disruptions and curb price speculation. The regulatory body OSINERGMIN will implement necessary transitional measures to manage the emergency.

This measure constitutes a concrete response to the situation registered in Ucayali, and is added to the targeted subsidy for diesel aimed at cargo and passenger transport nationwide.

โ€” Guillermo ShinnoMinister of Energy and Minas Guillermo Shinno highlighting the measure's significance.
DistantNews Editorial

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.