The state oil company is advancing with talks with the Executive to receive partial support, although without an injection of US$1.15 billion, to continue its operations in 2024. Credit lines would be expanded.
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Petroperú reported that it has been coordinating with the General Meeting of Shareholders (JGA), made up of the Ministry of Economy and Finance and Energy and Mines, the financial support actions that the Executive has stated it will provide to the company.
These measures are related to guarantees for credit lines and debt rescheduling with the State, with the purpose of fulfilling its commitments to suppliers for the acquisition of crude oil and fuels in 2023.
“As has been reiterated, the New Talara Refinery (NRT) will guarantee the financial improvement of the company, with positive projections in EBITDA for 2024. As announced, since the end of December 2023, the NRT has been in full operation, producing fuels of quality for the country,” said the oil company.
Regarding the restructuring of the company, Petroperú said it has a new social statute approved in September 2023, which will allow the incorporation of directors based on a meritocratic and transparent process through head hunters, just as it has been doing with managers. of the company.
“Petroperú renews its commitment to bring fuel to all regions of the country, even those most remote, where other private companies do not reach, thus fulfilling its subsidiary role,” the press release concludes.
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Source: Larepublica
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