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Labor Ministry Rejects Petroperú Strike as Government Pushes Emergency Overhaul

Officials say fuel supply will continue under contingency plans during the unions' planned 72-hour walkout.

Overview

  • The Ministry of Labor declared the 72-hour strike improper, and Petroperú said plants, terminals and offices will operate normally under activated contingency plans.
  • The government insists Petroperú will remain state-owned, with strategic assets placed in fiduciary structures to protect public ownership while allowing limited private management and investment.
  • Decreto de Urgencia N° 010-2025 launches a restructuring funded with S/244 million and tasks ProInversión to evaluate non‑strategic assets for putting them in value without implying privatization.
  • MEF said the company was at the brink of insolvency and risked creditor control, arguing the emergency decree was necessary to avoid losing the firm.
  • UNNA Energía withdrew its concursal petition on Jan. 16, easing the immediate takeover risk as unions ratified the walkout alleging a covert privatization.