Petroperú presents progress in production and financial sustainability plan

Chairman of the Board of Directors led a meeting with national and international investors, highlighting transparency in management and progress in the company's restructuring 

Petroperú met online with investors and representatives of national and international financial institutions to present the financial results for the second quarter of 2024 and the restructuring and austerity actions that the company has implemented to progressively recover its financial sustainability. 

During the meeting, the Chairman of the Board of Directors of Petroperú, Oliver Stark Preuss, together with the members of the board and the management team, shared the projections for the remainder of 2024 and 2025, highlighting the expectations of improvements in operating profitability and its reflection in the company's operating results and EBITDA. 

One of the main factors that will drive these results is the gradual increase in the production of high-quality fuels at the New Talara Refinery, currently in the stabilization stage with all its operating units, producing mainly gasoline, diesel, LPG and Turbo A-1. 

Likewise, it was reported that a prestigious international company was hired for the Comprehensive Transformation Process of Petroperú, which is in the market research stage; that is, identifying potential bidders. 

In addition, it was announced that progress is being made in the implementation of market recovery strategies, operational improvements and resource optimization, in line with the Restructuring Plan that is being executed in coordination with the General Shareholders' Meeting. 

Through these periodic meetings, Petroperú reinforces its commitment to transparency and good corporate governance, keeping its investors informed and generating greater confidence in the market.