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Peru Defends Petroperú Rescue Decree as Unions Confirm 72‑Hour Strike

Officials say the plan averts creditor control through trusts alongside a S/244 million reorganization.

Overview

  • Twelve Petroperú unions ratified a 72-hour national stoppage starting January 19 after meetings with ministers ended without agreement.
  • Emergency Decree 010-2025 initiates an organizational reorganization to avoid a concursal process that officials say could have handed control to creditors.
  • The Treasury will provide S/244 million for the overhaul as economy and energy officials reiterate that the company will remain state-owned and strategic assets will sit in trusts.
  • ProInversión will assess non-strategic assets and the plan allows limited private operators or capital on specific units without transferring ownership or control.
  • Supplier Unna Energía irrevocably withdrew its Indecopi concursal petition, which authorities present as a sign that immediate insolvency risks have eased.