Peru demands +100 thousand barrels per day (MBD) of Diesel.
- By law (D.S. 013-2005 EM) 5% of biodiesel B100 must be blended in it.
- Government owned entities are mandated by law (Ley 28054 Art. 5) to acquire biofuels that are locally produced as part of DEVIDA anti-drug programs.
Government owned PETROPERU supplies 50% of Peru´s liquid fuels, needing 2.5 to 3.0 MBD of biodiesel B100 for blending.
- Almost all of the biodiesel B100 consumed in Peru is currently being imported.
- There is +3.0 MBD “Oil to B100” processing capacity locally installed but with less than 5% utilization due to lack of feedstock supply at competitive prices.
In Oct 2012 PETROPERU and DEVIDA signed a Cooperation Agreement (Convenio Marco) with 3 other government agencies to promote local production of biofuels.