Pedro Gamio on Petroperú: "You have to think of a board that no one can question"

Updated 10/26/2022 09:09 PM m.

For Peter Gamio Former Vice Minister of Energy and Mines, the first and substantial change should be that of the members of the Board of Directors of Petroperu.

“We are facing serious management problems for Petroperú, mismanagement that comes from the previous management and an over-indebtedness that is much greater than Petroperú’s assets. Petroperú is a necessary but well-managed company, with the possibility of having top-tier private partners. The DU speaks of a series of conditions that are being considered to improve Petroperú’s corporate culture, but it all starts with the people appointed to the board and the fact that the seriousness of the company is revealed”.

“We have to talk about whether Petroperú is going to be able to get out of debt and the projects that are entrusted to it: the massification of gas in Arequipa, Moquegua and Tacna, which has not progressed due to lack of budget. Also lot 192, lot 64 and the Talara lots that are being returned because the contracts have expired. The most important thing is that there is technical and evidence management to protect the interests of the country. I would ask that the protocol of having a board appointed with the most serious hiring systems for high-level technical personnel be continued. That is to say, that in a public way it is reported how the directories have been structured, to put an end to the arbitrary system that we have today. You have to think of a directory that no one can question”he concluded.