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PE
National Oil Company
Downstream
Petroperu
Lima, Peru · Established 1969 · Profile updated July 1, 2026
Official website ↗Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Petroperú S.A. is Peru's state-owned oil company, primarily operating the Talara refinery complex following upstream divestment to PetroTal and others. The Talara Modernization Project (TMP) completed in 2023, upgrading capacity to 95 kbpd with improved clean fuels capability.
FY2024 revenue approximated $4.5 billion with net losses near $200 million during Talara ramp-up and financing costs on $2.5 billion modernization debt. The government provided guarantees and tariff support for the projec...
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