SOURCE: GOOGLE MAPS BP and Peruvian Sugarcane: A Proposal for Biofuel Expansion in a Business Friendly Environment.

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Presentation transcript:

SOURCE: GOOGLE MAPS BP and Peruvian Sugarcane: A Proposal for Biofuel Expansion in a Business Friendly Environment

At current rates, 20-40% growth in energy consumption worldwide by 2030 (International Energy Agency) Global Energy Expansion and BP Strategy To meet growing demand, BP must continue to diversify its Energy Portfolio to compliment Hydro-Carbons $4B investment in alternative energies since 2005 $1.5B invested in Biofuel (Sugar Cane Ethanol) since 2006 OECD:Organisation for Economic Co-operation and Development (N. America, E.U., Australia, Japan) Non-OECD:China, India, Russia, African Countries (developing)

NORTHWEST DESERT COASTAL REGION SOURCE: GOOGLE MAPS Ethanol, Sugar cane, and Peru SOURCE: PRM GROUP PERU PERUBRAZILU.S. PRIMARY CROPSUGARCANE CORN CROP YIELD200 MT/ha ~15% sucrose 86 MT/ha ~12% sucrose 21MT/ha ETHANOL PRODUCTIVITY 3900 gallons/ha 1384 gallons/ha1038 gallons/acre Unique controlled climate Port locations Sugar cane ethanol advantage

The Market for Ethanol 2006 mandate for gasoline to contain 10% ethanol Flex-fuel vehicles that are capable of using E85 E85 stations not located central to demand

FDI in Peru: The Time is Right Peru Trade Promotion Agreement Increasing political and economic stability Parity in aspects of business development comparable to Brazil, Mexico and Argentina Local partnerships to facilitate process