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September 25, 2025
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Petroperú will need more financial rescues, they say analysts

Petroperú will need more financial rescues, they say analysts

After the last financial rescue of the Executive A Petroperúthrough a bond issuance for US $ 287.3 million, analysts say that the state company will require even more state support.

The former Minister of Energy, Arturo Vásquez, said that the Emergency Decree (DU) 013-2024, published last year, is one of the mechanisms to support these financial support to the public company.

“This DU is being questioned before the Constitutional Court (TC), so we will see what this body decides to know exactly what happens to this regulation,” he said.

For his part, the former Minister of Economy and Finance, David Tuesta, ruled out that the issuance of bonds is not a rescue for Petroperú, as pointed out by the president of the Council of Ministers, Eduardo Arana.

“The company does not conceive of the losses. It has problems in placing oil abroad, exports are decreasing and the contribution of the Talara refinery has not been so significant,” he said.

He also questioned that to date the restoration plan that implies the sale of goods of the company would not have been fulfilled. “They say they have brought the issue of sales to proinversion, but so far we see nothing,” he added.

Meanwhile, the president of the National Mining, Petroleum and Energy Society (SNMPE), Julia Torreblanca, informed that they have “concerned” the new support for Petroperú, so she caught the attention of the Executive.

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