Andina

Peru: Mining, hydrocarbons sector up 1.80% in July 2017

Southern purcahses trucks for Tía María Project in Arequipa. Photo: ANDINA

Southern purcahses trucks for Tía María Project in Arequipa. Photo: ANDINA

14:33 | Lima, Sep. 1.

Peru's mining and hydrocarbons sector expanded 1.80% in July 2017, underpinned by higher metallic mining output (4.26%), National Institute of Statistics and Informatics (INEI) reported Friday.

In the said month, metal mining sub-sector saw increases in the production of molybdenum (20.8%), iron (14.6%), zinc (7.1%), silver (2.8%), gold (2.5%), copper (2.1%) and tin (1.6%). 

As for the hydrocarbons sub-sector (-11.02%), natural gas liquids (-13.1%) and natural gas output (-23.4%) experienced decreases. However, crude oil production rose 8.6%.

Electricity

In July 2017, the electricity sub-sector expanded 1.18%, over the same month last year, thus marking three periods of continuous growth.

Likewise, hydroelectric power generation grew 19.5%, whereas thermal and renewable electricity slid 11% and 8.4%, respectively.

 (END) CNA/CNA/JAA/MVB

Published: 9/1/2017