The Future of the Northern Peruvian Oil Pipeline: Proposals for its Security and Efficiency

The future of the NorPeruvian Oil Pipeline is a matter of vital importance for the country's energy development, and in order to better understand the current situation of this critical asset, Gestión spoke with Oliver Stark, President of the Board of Petroperú. In the interview, Stark shared some ideas and proposals that could set the course for this key infrastructure for the State. One of the aspects being considered within the restructuring actions is the possibility of dividing the NorPeruvian Oil Pipeline into two separate business units. According to Stark, this measure could be beneficial for the company by allowing them to set aside operations that are not profitable. However, the Board President pointed out that security is a crucial factor that must be addressed before any significant changes in the management of the pipeline. Stark emphasized the importance of ensuring security in the area where the pipeline operates, as this would allow the return of oil to the infrastructure. Currently, there are operational or restarting oil wells in the jungle, which could mean a boost for the oil industry in the region if a safe environment for operations can be ensured. Regarding the sustainability of keeping the pipeline under the responsibility of Petroperú, Stark emphasized the need to make quick and efficient decisions. There is a possibility of returning the pipeline concession to the Ministry of Energy and Mines in order to seek a solution that allows for more effective management of the costs related to security and maintenance of the infrastructure. Regarding the operational status of the pipeline, it was mentioned that it is currently at 100%, but it still does not transport oil from certain areas such as Lot 95. Stark explained that the goal is for all crude oil from the jungle to be transported to Talara, and to achieve this, it is essential to improve security in the pipeline's influence area. In terms of measures to ensure the security of the pipeline, the possibility of involving the Ministry of Defense in the management of this infrastructure was raised. Stark suggested that military presence in the area could act as a deterrent to potential sabotage, facilitating the transportation of crude oil through the pipeline and reducing the economic losses associated with attacks. The possibility of interconnecting the NorPeruvian Oil Pipeline with its Ecuadorian counterpart was also mentioned, which would open up new opportunities for oil transportation between both countries. This interconnection would increase the operational capacity of the pipeline and reduce transportation costs for Petroperú, contributing to the efficiency and competitiveness of the company in the regional energy market. In summary, the future of the NorPeruvian Oil Pipeline is at a crossroads where security, operational efficiency, and economic viability are crucial aspects to consider. The proposals put forward by Oliver Stark aim to find comprehensive solutions that optimize the use of this strategic infrastructure for the country and ensure its fundamental role in the energy development of the region.