Overview
- The Council of Ministers is set to meet on December 29–30 to review an emergency decree launching a comprehensive restructuring of the state oil company.
- Draft provisions empower ProInversión to lead the process, divide Petroperú into patrimonial blocks that could include the Talara refinery, apply investment‑promotion rules, and issue binding decisions for rapid execution.
- Economy Minister Denisse Miralles says the government will halt fresh transfers for debt service after roughly S/17,000 million in recent state support.
- Miralles also pledges respect for Petroperú workers’ social benefits and rules out fuel shortages in areas where the company ensures energy security.
- Unions and left‑wing lawmakers warn of privatization and operational collapse costs, while Petroperú’s shareholders appointed Elba Rojas Álvarez as the new board chair.