President José María Balcázar met on Tuesday, March 24, with representatives from energy sector unions and transporters to address the critical situation of Petroperú and the rising fuel prices. During the meeting, Balcázar expressed his commitment to support the state-owned oil company, despite pressures from the business sector. The president offered to guarantee financing of over US$ 2 billion for Petroperú to acquire crude oil. This guarantee will not mean a direct transfer of resources but rather support from private banks to facilitate access to credit. Balcázar emphasized, “I am betting on Petroperú, but this must be managed correctly.”
The meeting was also marked by the unions’ concerns regarding the increase in fuel prices, which affects family economies. Transporters warned that they might initiate a strike if urgent measures are not taken to stabilize prices. “Mr. President, take action so that Petroperú can start producing and selling fuel at affordable prices,” they demanded.
According to the discussions, the possible repeal of emergency decree No. 010-2025 is under evaluation, with a decision expected in the coming days, which could be part of the government’s plan to strengthen Petroperú. For more details on the current situation, you can consult this note.
