📋 Tender Overview
o MINEM supports a proposal that will generate investments of more than US$ 1,000 million, giving added value to natural gasThe Ministry of Energy and Mines (MINEM) announced that the port of Paita, in the Piura region, will be declared a Determined Geographic Zone for the installation of a Decentralized Development Petrochemical Complex, an initiative that will generate new and greater opportunities for growth and development for northern Peru.
He explained that this project will allow the industrialization of natural gas produced in the north and generate added value through the promotion of fertilizers, necessary for food security and to strengthen production chains, which will benefit Piura and other regions.
Ayasta highlighted that the College of Engineers of Peru-Piura Departmental Council (CIP-PIURA) proposed that Piura be evaluated as a region suitable for the petrochemical industry, and indicated that this is viable since this jurisdiction meets economic, territorial and environmental conditions to be declared a Determined Geographic Zone.
He added that the use of natural gas will allow generating investments of more than US$ 1,000 million through the petrochemical industry, and that Paita has a strategic position as it has a port and logistics corridors, areas available for industries and a nearby agro-industrial market in the Chimbote-Tumbes corridor.
Paita has the availability of natural gas to be used as raw material for the development of industrial-scale petrochemical projects. The development of a Petrochemical Pole in Piura will contribute to strengthening the regional economy, increasing tax collection and reducing dependence on fertilizer imports, he said.
He added that Paita can form a favorable ecosystem for the development of a petrochemical hub in the north of the country, energizing the countrys key economic activities such as agriculture, mining and energy, generating investment and allowing less dependence on imports, and promoting the massification of natural gas and industrial development.
He emphasized that Paita is linked to natural gas in northwest Peru, the area has proximity to existing and projected energy infrastructure, as well as production areas associated with the northern lots, which constitutes an important factor to ensure that the future petrochemical industry has permanent supply.
The MINEM, in accordance with its functions, promotes the creation of Petrochemical Complexes of decentralized development through the use of methane and ethane obtained from natural gas, inputs that make it possible to develop an industrial chain with greater added value oriented to the production of fertilizers, plastics and other chemical and industrial products.
Lima, June 26, 2026
