Particle.news
Download on the App Store

Congress Sets New Petroperú Hearing as Lawmaker Moves to Oust President Over Reorganization Decree

Executive no-shows at the first session heightened scrutiny of Decree No. 010-2025, with critics warning of higher prices, market concentration, or fuel gaps in remote regions.

Overview

  • The Congressional Consumer Defense Commission will reconvene a working session on Petroperú after top cabinet officials missed the initial hearing.
  • The panel expects the prime minister, the energy and economy ministers, Petroperú’s president and an Osinergmin representative to attend, with the date still pending.
  • Invited officials sent explanations, requested a rescheduling, and signaled willingness to appear at the next session.
  • Participants offered sharply different assessments of the decree and the company’s outlook, with some warning of privatization risks and others stressing Petroperú’s strategic role and liquidity problems rather than insolvency.
  • Perú Libre congressman Segundo Montalvo announced a motion to remove President José Jerí over the measure and is preparing the filing while seeking the 33 signatures required.