On Tuesday, Peruvian President Pedro Castillo urged Congress to collaborate on a measure to nationalize Camisea gas, the country's greatest reservoir of this resource, which is situated near Cusco (south).
During a working visit to Bagua Grande (Utcubamba province, Amazonas department, north), the president stated that he had just "signed the supreme decree on gas recovery," citing the necessity to "give Peruvians what the people have created."
Previously, he stated on Twitter that his government aims to massify gas and build a pipeline to transport it to the country's south.
In this regard, he stated that he would begin developing the necessary infrastructure "in the provinces of Cusco, Puno, Apurimac, Arequipa, Moquegua, Tacna, Ayacucho, and Ucayali," to provide affordable gas to houses.
In the meanwhile, he said, the government will renegotiate the contract to run the Camisea field, which is currently operated by private enterprises.
In another Twitter post, the president stated that "we are and will be respectful to the freedom of entrepreneurship."
He previously stated that nationalization is defined as control over the destination and use of natural gas derived from the subsurface, as well as national patrimony.