By concept of IGV of the equipment acquired in the construction of the New Refinery of Talara, according to the Minem.
Óscar Vera, head of the Ministry of Energy and Mines (Minem), reported that the State has already recovered the US$1 billion that it lent to Petroperú a few months ago to keep it afloat financially, thanks to the New Talara Refinery.
“It was an emergency, if we had not paid, there would have been a terrible fuel shortage. For this reason, the government handed over 1,000 million (dollars); but, at that very moment, The construction of the project allowed the Peruvian State to obtain 1,600 million dollars for VAT on the equipment it purchased. That is, much more than what he gave us“, he commented to ProActivo.
Along these lines, the official stated that the refinery talara It is “a high-yield business” because it generates profit margins of US$40 per barrel, making prices now more competitive in favor of Peruvians.
Previously, the Talara refinery only generated between US$4-5, he added.
“It is going to generate four times more profit than what it was earning before, and that is because this new refinery can process very cheap crudes, which are heavy crudes with high sulfur. That generates high profit margins for him”, concluded Vera.
Source: Larepublica
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