But environmentalists and indigenous groups have their misgivings

WITHIN a decade, says Peru's prime minister, Jorge del Castillo, his country will be a net exporter of energy. While other Latin American governments are tightening the screws on foreign investment in oil and gas, Peru is courting it. It has opened up swathes of the country to exploration, and is encouraging the $1 billion modernisation of a state-run oil refinery and the construction of an export terminal for a huge liquefied natural gas project, which would be the biggest investment in Peruvian history. ... Read full article