Confiep warns about a crisis in Petroperú and calls for urgent restructuring.

The National Confederation of Private Business Institutions (Confiep) has issued a statement on the social network X highlighting the serious crisis facing Petroperú, one of the main companies of the Peruvian state. In its message, the business organization emphasized the urgent need for a financial restructuring of the oil company, suggesting that this initiative should be accompanied by expert advice to achieve a solid and effective approach to resolving current problems. The situation at Petroperú has notably deteriorated in recent years. The company has faced numerous challenges, from falling oil prices to internal management issues and labor conflicts that have further complicated its operations. These factors have led many to wonder if the liquidation of the company is a looming possibility. In this regard, Confiep firmly states that, to avoid this eventuality, a rigorous and professional approach to managing the oil company is essential. Confiep's statement also highlights the importance of establishing a competent and professional board of directors. The business group applauded the current board of Petroperú for openly proposing possible alternatives to overcome the crisis. This gesture is considered fundamental to generating a climate of trust among both investors and the company's employees. On the other hand, the Ministry of Economy and Finance (MEF) has made its position clear by stating that it will not allocate resources from the 2025 budget to provide liquidity to Petroperú. This decision has sparked a debate in political and economic circles, as many believe that without adequate financial support, the company could face serious difficulties in staying afloat. The MEF's stance underscores the need for Petroperú's restructuring to be driven by effective internal management rather than state capital injections. According to Confiep, financial restructuring is not just about securing financing, but about establishing a viable plan that includes debt renegotiation and strengthening the company's operations. The business organization insists that serious negotiations with creditors are essential to facilitate the capitalization of Petroperú and ensure its long-term viability. Additionally, a call to political action is being made. Confiep urged the Executive Branch to make firm decisions and create an institutional framework that supports restructuring efforts. This implies that, in addition to political will, a regulatory environment is needed to allow reforms to be implemented effectively and without obstacles. In this context, Confiep's voice stands out as a representation of the private sector that, despite criticizing state management, also seeks to collaborate in solving Petroperú's problems. The entity maintains that the recovery of the company should be a common goal, benefiting all Peruvians and not just a small group currently profiting from the situation. Unity between the public and private sectors is seen as a key element to transform Petroperú's crisis into an opportunity for improvement. The experience and knowledge that the business sector can provide are valuable resources that, if used correctly, can make a significant difference. In conclusion, the situation at Petroperú is critical and requires immediate attention. Financial restructuring and the formation of a competent board of directors are crucial steps to avoid its liquidation. However, this will only be possible if there is a firm political decision that allows these changes to be made effectively and for the benefit of the national economy. The responsibility for resolving this crisis lies not only with the company itself but also with the state and society as a whole.