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Bloomberg

Petroperu Chair Eyes Rare Profit, Investors for Minority Stake

Wednesday, October 28, 2026


Petroperu's board plans to sell a minority stake in the state-owned oil company in early 2026, according to Chairman Germán Velásquez. Velásquez stated the company is on track to report its first annual profit since 2021. The sale aims to bring in outside investors to the oil producer.

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