Petroperú ratifies its intention to return to oil exploitation

In accordance with what was expressed by the president Pedro Castillo, in his first message to the nation on July 28, Petroperú He asserted yesterday that a central part of the strengthening of the company involves a return to oil exploitation activities.

“We are on that path with the participation of strategic partners in blocks 192 and 64. Very soon we will return to oil exploitation. We maintain our interest in other lots whose concession is about to expire in the next few years in Talara “, he asserted Mario Contreras Ibarcena, Chairman of the Board of Petroperú, in the framework of the Peru Energía Bicentenario forum.

It is important to remember that in the coming weeks the supreme decree authorizing the signing of the license agreement between Perupetro and Petroperú, for 30 years, for the operation of Block 192, will be approved.

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In another time, Contreras He said that the construction of the new Talara Refinery is close to completion – according to the date of early 2022 – and that It will dramatically reduce the sulfur content of fuels to 50 parts per million (ppm). After the first year of the new refinery, the sulfur content would drop to 10 ppm thus meeting a standard of Euro VI.

The project, Contreras said, would generate savings of US $ 300 million annually in health.

Lower the price of fuels

Petroperú reported that from today (Saturday, August 23) it will apply a new reduction in the list price of diesel of S / 0.27 per gallon, which added to the reduction of S / 0.23 applied the day before, will total a decrease of S / 0.50 per gallon in the list price of this fuel.

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“These efforts for the benefit of all Peruvians are materialized thanks to the efficiencies that Petroperú has been executing, among them the optimization of the purchase of crude oil and products and the rationalization of expenses, making only those that are necessary for the operation of the business”, the oil company stressed.