PETROPERÚ prepares to start up the New Talara Refinery and operate Lot 192

In just over two months after taking office, PETROPERÚ has already more than fulfilled its first objective: to finish building the New Talara Refinery in the shortest possible time. Its gradual start-up is scheduled to begin next April, with the commissioning of the process units of this new refining complex.

Likewise, the state-owned company, in a historical milestone, has already begun to return to oil and gas production activities, after 25 years, by taking control of the production operations of Lot 1, in the Talara oil basin.

Along these lines -in the field of return to oil exploitation- PETROPERÚ approved with Perupetro the Project for a License Agreement to operate Lot 192 and the contractual assignment of 100% of Lot 64, both in the Loreto region. To this end, the State-owned company is consolidating its Exploration, Exploitation and Pipeline Management, in line with the progress towards vertical integration of the Company.

On the other hand, PETROPERÚ registered a 312% increase in EBITDA as of November 2021, compared to the same period of the previous year.

During the last months, PETROPERÚ has been offering the most competitive fuel prices in its sales plants nationwide, thanks to the optimizations it has made in hydrocarbon acquisitions and spending budgets, which has also allowed it to increase its participation market.

PETROPERÚ reaffirms its commitment to maintain competitive prices and be transparent in determining the prices of fuels that it markets at the national level in strict compliance with Peruvian legislation. Likewise, through the service stations affiliated to its network, reach the end user with the best quality of fuels.