Petroperú is awaiting a decree that will grant it a state guarantee of US$2 billion, crucial for restructuring its debts and restoring its operations. Experts warn that this measure is urgent to prevent the oil company from remaining in “financial intensive care.” With the recent appointment of Roger Arévalo as the new chairman of the board, the government is seeking a solution that does not involve a direct disbursement of public funds. The guarantee would serve as collateral for private banking, allowing Petroperú to access the necessary financing without compromising state resources.
The company’s situation is critical, especially following the implementation of the modern Talara Refinery, which has increased its refining capacity but has also been a source of its indebtedness. Experts like former Deputy Minister of Energy, Pedro Gamio, have emphasized that it is essential to restructure the debt to alleviate financial pressure and regain operational balance. The National Federation of Oil Workers hopes that the future decree will not only provide relief to the company but also help improve its long-term sustainability.
