The financial difficulties of Petroperu have begun to affect their network of local crude oil suppliers more strongly.
A source from the sector that supplies the state oil company told Perú21 that so far Petroperú does not honor its debts with national producers, which has generated a break in the payment chain and has affected dozens of companies linked to oil activity.
According to the source, the problem has been going on for more than a month, and so far no measures have been adopted to alleviate the pending obligations.
He even maintained that the oil company’s behavior is discriminatory. While it continues to pay for imported crude oil, it maintains debts with local suppliers, who support production, employment and the payment of taxes, royalties, canon and overcanon in the regions.
Frictions
The breakdown of the payment chain generated by Petroperú has also put its suppliers in conflict with other State entities.
According to the source, oil producers are being required to pay royalties on time, despite the fact that their income depends on a state company that is not meeting its commitments. This lack of coordination, he added, has placed several operators in a complex financial position.
“It is not sustainable that a state company does not pay us and, at the same time, another state entity demands timely payment of royalties,” he commented.
According to the Ministry of Economy and Finance (MEF), as of October 2025, Petroperú accumulated a net loss of US$481 million and, as of December of the same year, it recorded unpaid debts with suppliers for US$767 million.
Faced with this scenario, the state company reported that it has implemented temporary contractual mechanisms with producers in the northwest, which allow them to store and ship their crude oil to market it with third parties. However, the sector points out that these measures work only as a palliative for the future and do not resolve the accumulated debts.
The source estimated that around 300 companies, including small, medium and large, have been affected, with a potential impact on some 15,000 jobs linked directly and indirectly to oil activity in the north of the country.
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