The Minister of Economy, José Arista, stated that the Government will not disburse resources to Petroperualthough he did not rule out further financial relief for the oil company.
After leaving the Council of Ministers, Arista denied that the bill that the Executive will send to Congress proposing next year’s budget contains any item that allocates funds to Petroperú.
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He said that he or any of the ministers would feel uncomfortable using the tax revenues from the state oil company to finance, support or provide liquidity.
“It is taxpayers’ resources that allow us to finance the budget law, so rest assured, we will send this budget bill to Congress and it will be verified that not a single sol of taxpayers’ money is committed to finance a company that is in trouble like Petroperú,” said Arista.
Meeting with Petroperú
However, he confirmed that he will meet in the next few hours with the top management of the oil company, as well as with its board of directors, with the request that they provide information on the company’s situation in order to make an informed decision.
He said that the oil company is concerned because they are waiting for eight oil tankers that supply crude oil to the company, implying that they have to comply with their payments.
“Today, they will surely bring us the information, we will analyze the financial options we have and we will see how we can meet the needs that this company has at this time,” he said.
That is to say, everything points to the fact that resources will be disbursed to the oil company.
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