The contract for the new concession period involves US$85mn in works and was awarded to a consortium compromising Sacyr and Agunsa.
The 362km pipeline requires a US$30mn investment.
The Brazilian company saw its earnings fall in 2018 despite higher revenues.
A fuel distributor alleged that auction rules for the Cabedelo terminals indirectly benefitted Petrobras.
Peru's capital will need additional investment in potable water projects following warnings of impending drought, the president says.
The works are part of mitigation measures demanded of the company in return for permission to fully open its Costanera Center complex.
The country's EXIM Bank looks to increase lending to the productive sector in the 2019/2020 fiscal year. Finance minister Nigel Clarke is pushing for reforms to incorporate inflation targeting at the central bank.
The country's environmental regulator authorized works to start after a temporary hiatus that was due to a labor conflict at the housing ministry.