In recent months, Peruvian state-run oil company Petroperú has made moves to resume oil production and form new partnerships and announced plans to sell as much as 20 percent of its shares on the Lima stock exchange in April to raise capital. The company has said that it aims to emulate Colombia's Ecopetrol and Brazil's Petrobras as it expands to ""increase energy security"" in Peru. Will Petroperú be successful in its bid to take on a more prominent role in Peru? Are its recently announced alliances with PDVSA and Petrobras a good idea? What will Petroperú's increased role in the oil sector mean for private companies and social groups that have tended to oppose natural resource projects?
Re-posted with permission from the publishers as a PDF document as part of an Institutional Repository collection to aggregate energy policy, regulation, dialogue and educational materials.
Inter-American Dialogue's Latin American Energy Advisor. "Will Petroperú Take on a Bigger Role in the Oil Sector?." (2012). http://digitalrepository.unm.edu/la_energy_dialog/103