Peru Peru

EITI Status

EITI Status: 
Compliant country

Compliant since

Compliant since: 
15 February 2012

Extractive Industries

Mining and hydrocarbons contribute significantly to the Peruvian economy. The extractive sector generated 75% of total Peruvian exports in the first half of 2012 and accounted for 5% of GDP. In 2010, Peru occupied a leading position in the global production of the following mineral commodities such as copper (second after Chile), gold (sixth after China, Australia, South Africa, the United States, and Russia), lead (fourth after China, Australia, and the United States), molybdenum (fourth after China, the United States, and Chile), silver (first followed by China and Mexico), tin (third after China and Indonesia), and zinc (second after China). The country is a significant producer of oil and gas. Ongoing development of natural gas and condensates in the Camisea basin is boosting the extractive sector contribution to Peru’s economy and to the government’s fiscal revenues.

 

EITI Reporting

The country produces EITI Reports that disclose revenues from the extraction of its natural resources. Companies disclose what they have paid in taxes and other payments and the government discloses what it has received. These two sets of figures are compared and reconciled.
No preparations have been made for next report.

EITI Implementation

Peru's EITI report, covering fiscal years 2011 and 2012 was published in early February 2014. The report is available in:

http://eitiperu.minem.gob.pe/documentos/documento-116430864.pdf

Peru's EITI is updating its work plan including the transition to the EITI Standard.

Two subnational EITI implementation pilots are being dicussed for the Piura and Moquegua regions.

See Peru's EITI implementation timeline

Read more

Innovations

  • Partially disaggregated data by company and revenue stream.
  • Government unilaterally discloses all revenues.
  • Exemplary dissemination campaign, including regional events in most important mining areas, summary report and educational materials.
  • Pilot report at sub-national level (Cajamarca municipality).
  • Reports include voluntary social transfers.

Read more

National Coordinator

Peru
Director of Social Affairs
Ministry of Energy and Mines

International Secretariat

Peru
Programme Coordinator
EITI International Secretariat
Guatemala , Honduras, Peru , Trinidad and Tobago
Regional Director
EITI International Secretariat
+47 216 85 393

Facts & Figures

Latest Eiti Report: 2012 Report
Deadline for next Eiti report: Tuesday, 31 December 2013
Number of fiscal years published: 9

Peru News