Juan Prado Bustamante, partner, and Gigas Grillo De Lambarri, associate, both at Llona & Bustamante Abogados in Lima: “The initiative to reorganize and privatize Petroperú under interim President José Jerí faces a complex scenario. Petroperú has been going through a financial, organizational and operational turmoil for quite a while, weakening its competitiveness and demanding government funding to continue its operations. The Talara refinery is Petroperú’s most important asset, but also its most problematic one: Modernization has brought cost overruns, delays and doubts about its viability in the context of the energy transition. Splitting Talara from the rest of the company to attract private investors could be logical, focusing investment and sharing risk. Yet…”
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A sister publication of the Inter-American Dialogue’s daily Latin America Advisor, the weekly Energy Advisor captures fresh analysis from business leaders and government officials on the most important developments in oil and gas, biofuels, the power sector, renewables, new technologies, and the policy debates shaping the future of energy in the Western Hemisphere and beyond. To subscribe or for more information, contact Gene Kuleta, editor of the Advisor, at gkuleta@thedialogue.org.
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Partner, Corporate &
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