LIMA, Peru--Peru's Energy and Mines Minister Jorge Merino said
state-owned Petroleos del Peru SA (PETROBC1.VL), or Petroperu, will
sell shares on the Lima Stock Exchange later this year, according
to newspaper Gestion.
"I estimate that before the end of this year Petroperu will list
its shares on the stock market," Mr. Merino was quoted as saying on
Tuesday.
Petroperu already provides financial information to the nation's
stock market regulatory agency but no shares trade.
Mr. Merino also told the newspaper that any purchase by the
government of assets that Spain's Repsol SA (REPYY, REP.MC) may
sell in Peru won't be done using funds from the treasury.
Energy and Mines Ministry representatives werent' immediately
available for comment.
Government officials have said any purchase by Petroperu of
Repsol assets will be done alongside a private-sector partner.
Repsol owns the largest refinery in Peru, and a chain of service
stations.
Petroperu currently runs refineries, a pipeline and leases gas
stations.
Write to Robert Kozak at robert.kozak@dowjones.com