Confiep warns about the crisis at Petroperú and demands urgent actions from the government.

The National Confederation of Private Business Institutions (Confiep) has raised alarms about the critical situation facing Petroperú, the state oil company of the country. In a statement released via the social network X, the business group has urged the Executive Branch to make firm and urgent decisions to address the problems plaguing the oil company. With a perspective that blends concern and pragmatism, Confiep emphasizes the need for a financial restructuring that not only stabilizes the company but also enables effective negotiation with creditors. The situation of Petroperú has been a topic of debate in various circles, and the possibility of its liquidation has not been ruled out. Concerns about the company's viability have grown amid a series of financial and operational issues that have called its future into question. Given such an uncertain landscape, Confiep considers it essential for the company to receive guidance from recognized experts in the financial field, which could facilitate the necessary capitalization to reverse the crisis. In its statement, Confiep also highlighted the importance of having a professional and competent Board of Directors. The formation of this management team is seen as a crucial step in responsibly addressing the issues facing Petroperú. Acknowledging that the current Board has begun to objectively present alternatives for resolving the situation, the business group believes these efforts must be supported by the state and society at large. Confiep's support for a restructuring of Petroperú echoes concerns expressed by various sectors of the Peruvian economy. The lack of clear and effective decisions from the government has created an atmosphere of uncertainty that could impact not only the company but also the country's economy. Confiep has urged the government to spare no effort in establishing an institutional framework that allows for the implementation of successful reforms. On the other hand, the Ministry of Economy and Finance (MEF) has clarified that it will not allocate resources from the 2025 budget to provide liquidity to Petroperú, further complicating the situation. This announcement has generated mixed reactions among analysts and economists, who warn that without adequate financial support, the company's chances of recovery will be severely limited. Confiep has made an urgent call to action, emphasizing that the solution to Petroperú's crisis must benefit all Peruvians and not a small group that may be looking to take advantage of the situation. This message resonates in a context where trust in state institutions has diminished, and where perceptions of corruption and favoritism are increasingly common among the citizenry. The situation of Petroperú is not just a corporate problem; it is an issue that touches on the most sensitive aspects of the national economy. The company, which plays a fundamental role in the production and distribution of fuels in the country, is at a crossroads that could have far-reaching repercussions. While restructuring and capitalization are necessary steps, the real question is whether the government is willing to make the difficult decisions that the situation demands. In this context, the voices calling for a change in the management of Petroperú are growing louder. The need for structural change and the creation of a conducive environment for investments are requirements that cannot be ignored. Confiep has made it clear that the solution to this crisis must stem from a genuine commitment from the state and a clear focus on the sustainable development of the company. Ultimately, the fate of Petroperú has become a symbol of the challenges Peru faces on its path to economic stability. The pressure on the government is high, and the decisions made in the coming days will be crucial not only for the oil company but for the country’s economic future. With time running against them, the question is whether the necessary reforms can be implemented before it is too late.