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Peru state oil firm workers kick off three-day strike over privatization plan
Unionized workers representing 30% of Petroperu's staff strike to oppose privatization amid the company's $5.3 billion debt and government plans to attract private investment.
- On Jan 19, Petroperu workers launched a 72-hour strike to protest a government-approved plan to privatize parts of the state oil company.
- Late December, President Jose Jeri approved an overhaul to address Petroperu's financial troubles, and Economy Minister Denisse Miralles said private management contracts could be signed as soon as June.
- At least 30% of the company's 2,200 unionized workers had joined the strike by Monday morning, Jose Luis Saavedra said, while Petroperu said its facilities operated normally and guaranteed the national fuel supply.
- Peru's labor ministry ruled the strike call `inadmissible`, with that decision subject to a three-day review, and the ministry did not immediately respond to a request for comment.
- Petroperu's heavy debt and recent aid underscore its financial strain after receiving up to $5.3 billion between 2022 and 2024, while Jose Luis Saavedra called the privatization pace `striking`.
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Peru state oil firm workers kick off three-day strike over privatization plan
Workers at Peru's state-run oil company, Petroperu, launched a 72-hour strike on Monday to protest a plan to privatize parts of the firm, though the company asserted that operations remained normal and the government has declared the walkout unlawful.
·United Kingdom
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100% Center
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