Second National Reconcilation Study EITI Peru - unofficial…

Consultoría para la Elaboración del Segundo Estudio Nacional de
Conciliación de la Iniciativa de Transparencia para las Industrias
Extractivas (ITIE) en el Perú (2008 – 2010) (continuación)
IV.4 Gas Royalty
1. General Aspects
1.1. Concept
Gas Royalty
Extractive companies in the gas sector pay this concept to the Peruvian State for the right to exploit
gas resources in national territory according to Law N° 27506 (year 2001). This norm applies to
companies that engage in productive activities in the departments where no prior legislation exists
with regard to productive activities involving hydrocarbons. The companies that have produced gas
prior to the date that this Law was passed will continue to use the oil canon methodology described
in section IV.3 Oil Royalty.
Gas Canon
The gas canon is the local governments and regional governments’ share of total revenues and
income obtained by the State for the right to economically exploit gas in these areas.
The gas Canon covers the exploitation of natural gas and compressed natural gas.
1.2. Current Legal base during the periods included in the Study
- Created by Ley Nº 27506 (published on July 10, 2001).
- Regulated by D.S. Nº 005-2002-EF (published on January 9, 2002).
- D.S. N° 003-2003-EF, which modifies D.S. N° 005-2002 -EF- Reglamento de la Ley de
Canon (published on January 09, 2003).
- D.S. N° 115-2003-EF, which modifies D.S. N° 005-2002 -EF approving the Reglamento de la
Ley de Canon (published on August 14, 2003).
- Ley N° 28077- Modification of Ley N° 27506 -Ley d e Canon (published on September 26,
2003).
- D.S. N° 029-2004-EF, modifying D.S. N° 005-2002-EF to approve Reglamento de la Ley N°
27506, Ley del Canon (published on February 17, 2004).
- Ley Nº 28322 that modifies articles of the Ley Nº 27506, Ley de Canon, modified by Ley Nº
28077 (published on August 10, 2004)
- D.S. Nº 187-2004-EF, modifying D.S. Nº 005-2002-EF, which approved the Reglamento de
la Ley Nº 27506, Ley de Canon (published on February 28, 2005).
- Resolución Ministerial N° 073-2005-EF/15, which ap proves the Distribution Indices for the
1.3. Participants
Gas Canon stemming from Royalties and the State’s participation in Service Contracts
(published on February 28, 2005).
Taxpayers: Gas companies engaged in exploitation
Collections Agent: PERUPETRO
Distributor: DGDFAS - MEF (formerly DGAES – MEF), PCM, DGTP – MEF.
Consultoría para la Comisión Multisectorial Permanente de la ITIE Perú
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