Economy & Business - February 2026

PERU: Petroperú faces restructuring

ANDEAN COUNTRIES by Patrick de Courcy 20 February 2026 1072 views

In January, the government of Peru’s then president José Jerí (2025-2026) issued a decree allowing for the restructuring of state oil company Petroperú, permitting private investment in its key assets, which could be separated into blocks. Peru’s investment promotion agency (Proinversión) has been tasked with evaluating 60 key assets belonging to Petroperú, which include the company’s main headquarters in Lima.

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