The National Federation of Petroleum, Energy and Related Workers of Peru (Fenpetrol) has expressed concern over announcements by ProInversión regarding potential private sector participation in the assets of Petroperú. While the state-owned oil company has shown some improvement in its financial and operational results, trade unions warn it remains at risk of losing its primary assets.
Industry groups are closely monitoring the situation as discussions around the state company's structural future and private involvement continue to develop in Peru.
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