Peru's Gas Crisis Nears Resolution: Gas Supply Back on Track

Peruvian President Jose Balcazar declared on Tuesday that the country's primary natural gas pipeline repairs are set to finish by Friday. This development will enable gas supplies to return to normal by the weekend, possibly concluding a significant energy crisis in over 20 years.

Transportadora de Gas (TGP) has been diligently repairing the pipeline in Cusco's Megantoni district since its early March rupture necessitated government emergency measures. Balcazar, during a press conference, added that the company aims to resume natural gas supply by Saturday and normalize distribution by Sunday.

The disruption of TGP's pipeline, critical for supplying nearly half of Peru's electricity and most of its LPG, resulted in extensive gas rationing and heightened energy costs. This crisis presented a substantial challenge to Balcazar, who took office in February after the previous leader's removal. With in-person classes set to resume on Wednesday, the nation gears up for the upcoming presidential elections on April 12.