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Peru state oil firm workers kick off three-day strike over privatization plan

At least 30% of Petroperu's 2,200 unionized workers joined the strike against privatization amid the company's $5.3 billion government aid and heavy debt, officials said.

  • On Jan 19, unionized Petroperu workers launched a 72-hour strike to protest plans to privatize parts of the state-run oil company, though Petroperu said facilities operated normally and fuel supply was secure.
  • The plan approved in late December by President Jose Jeri aims to attract private investment, and Economy Minister Denisse Miralles said management contracts could be signed as soon as June.
  • By Monday morning, at least 30% of 2,200 unionized workers had joined the strike, and Jose Luis Saavedra, general secretary of the administrative workers' union, called the privatization speed striking.
  • The labor ministry ruled the strike inadmissible and said the decision is subject to a three-day review, while the ministry did not immediately respond to requests for comment.
  • Part of Petroperu's strain comes from the Talara refinery, an approximately $6 billion project the government's investment agency said could open to private investment, while Petroperu received up to $5.3 billion in government aid .
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Reuters broke the news in United Kingdom on Monday, January 19, 2026.
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