Deputy Energy Minister Daniel Cámac said Tuesday the cost of electricity in Peru has decreased by 30 percent due to natural gas production in the Camisea gas fields, located in the country’s south-eastern Amazon basin. Cámac said some companies have been able to save more than 50 percent of their production costs after switching to natural gas, state news agency Andina reported. 

“Using natural gas in their operations is very profitable for companies and the level of savings that they receive always depends on the sector,” Cámac was quoted as saying. He said Peru’s economic growth will increase the demand for...

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