The Role of the Peruvian Government in the Natural Gas Market Development
Article from: OGEL 3 (2009), in OGEL Student Special
(University of Houston Law Center) When there is a chance to develop an industry, the absence of the market (supply and demand) creates different challenges for Governments. In order to face those challenges, Governments must assume certain commitments. The natural gas case, particularly when the market is absent, is not an exception of the above; the history demonstrates that this industry demands real and proactive Government participation in order to guarantee its development. In fact, Governments must assume a substantial role in supporting and assuring ...