Peru participates in Latin America energy summit in Ecuador


Peru participates in Latin America energy summit in Ecuador
The energy summit in Galapagos will take place from March 30 to April 3. (Photo: Andina)

Peru’s vice-minister of energy, Daniel Cámac, traveled to Ecuador to participate in the energy summit that is taking place in the Galapagos Islands unti April 3.

The energy state representatives of Bolivia, Chile, Colombia, Ecuador and Peru are meeting to discuss the initiative of connecting the five countries through a single electricity network, reported Andina.

During the three-day meeting, the ministers will exchanged views on strategies to execute the initiative as early as possible. A "Commitment Agreement"  is expected to be signed at the end of the summit.

The meeting is a follow-up of a previous discussion on the issue held in Peru in February, Xinhua reported.

Ecuador’s Electricity Ministry said the regional electricity network would increase the supply and provide better service to the residents of all five countries.

It would also improve the energy resources in the region through a more efficient network that optimizes the expansion of transmission systems in the countries.

Moreover, the ministry said the regional connection would be based on bilateral and regional agreements, and its enforcement would be promoted by a law on energy transaction between the countries.

"One of the strategies for the regional integration through the physical exchange of electricity is to research and analyze the expansion of the transmission network in the region," the ministry said in a statement.