Herrera Descalzi: “Salaverry by far does not qualify for the position”

Carlos Herrera Descalzi, former Minister of Energy and Mines (Minem), in dialogue with Peru21.TV, gave scopes of the “requirements to be president of Perupetro”Stipulated in the statutes of the State Private Law Company, which, on behalf of the Peruvian State, is in charge of promoting, negotiating, signing and supervising contracts for the exploration and exploitation of hydrocarbons in Peru, for which Daniel salaverry “does not qualify”.

How do you take the appointment of Daniel Salaverry as president of the Perupetro board of directors?

Sounds like a political designation to me. He does not meet by far the requirements to be president of a private company like Perupetro. Does not qualify. The Perupetro Statute stipulates that to be a member of the board of directors it is necessary to have recognized –that is, accepted by someone– technical capacity in the matter to be performed, in this case it is hydrocarbons. That is, you must be an expert.

Salaverry has studies in Architecture. Why should you necessarily be an expert on the subject?

Because it is in charge of delivering concessions and negotiating oil contracts, for that you have to be an expert. Perupetro calls on investors, presidents or managers who know about hydrocarbons, so that large capital companies invest in Peru. At these meetings, which are in English –because that is the level of international demand we have– the investors ask to speak with the highest authority in Perupetro, and they assume that it is a person who knows about the subject; so far Peru has been well represented. The question is, can we continue like this?

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Would Salaverry have the task in Perupetro to renegotiate Camisea?

If the Camisea contract would have to be renegotiated, it is with Perupetro. But there are other peculiarities: Perupetro, just as it can compete for lots, has the power to negotiate them directly, and in these negotiations royalties and economic agreements are set. How would you negotiate if you don’t understand the contract, the terms and conditions? Take a look at what we’re talking about.

Is Salaverry able to understand those contracts?

I do not doubt your intellectual capacity, but it requires knowledge in hydrocarbons. This is not won overnight.

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