As part of his interpellation process before the Congress of the Republic, Minister Arista said that Petroperú demands “urgent actions”, for which the Executive evaluates governance measures that ensure the continuity of its operations.
The Minister of Economy and Finance, José Arista, assured that the Peruvian Government will not allow the company Petróleos del Perú SA – Petroperú to enter a period of “economic insolvency”, after Fitch and S&P recently lowered its rating again. investment.
As part of his interpellation process before the Congress of the Republic, the head of the MEF said that Petroperú demands “urgent actions”, for which the Executive evaluates governance measures that ensure the continuity of its operations.
This involves reducing costs and expenses, making its business units profitable and the sale of inoperative assets, said Minister Arista.
“There is no talk of privatization of the company, only of applying practices of large oil companies in the world, with goals and results indicators,” he said.
Likewise, the official revealed that he is seeking to “recover control of Petroperú under the purview of Fonafe,” from which he considered “he should never have left.” To this end, he announced that they will propose a bill to Parliament.
“In addition to Fonafe’s participation, measures are being evaluated with the Ministry of Energy and Mines (Minem) to present to the Council of Ministers next week,” he highlighted.
Source: Larepublica
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