Petrobras (PETR4) CEO Seeks Arab Investments for Fertilizers.

Written by Paulo Nogueira

Published on 04/12/2023 at 22:41

A Petrobras busca viabilizar a conclusão de uma unidade de fertilizantes nitrogenados em Mato Grosso do Sul, cujas obras estão paralisadas há alguns anos

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Petrobras Is Looking for Ways to Enable the Completion of a Nitrogen Fertilizer Unit in Mato Grosso do Sul, Which Has Been Halted for Several Years, Aiming to Boost Development and Agricultural Production in the Region.

The Executive Director of Petrobras, Jean Paul Prates, Made Two Visits This Year to the Middle East to Attend Conferences and Discuss Projects of Interest to Brazil with Local Representatives. These Talks Aim to Establish Beneficial Collaborations for Both Parties in the Future.

Prates Argued That Establishing a Company in a Foreign Country Is a Business Tactic. If Negotiations Progress and Result in Effective Partnerships, the Announcement Will Be Made by President Lula.

This Potential Collaboration with Individuals from the Middle East Has Been Nicknamed Petrobras Arabia, According to Prates. The Investigations Commissioned Are Scheduled to Be Completed in Early 2024.

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Investment in Nitrogen Fertilizers

Petrobras Is Seeking Ways to Complete the Construction of a Nitrogen Fertilizer Unit in Mato Grosso do Sul, Whose Works Have Been Halted for Several Years. The Company Also Has Nitrogen Fertilizer Plants Leased to Unigel, and One of Them Is Inactive in Bahia.

Prates Also Mentioned the Possibility of Petrobras Making Investments in the Middle East.

According to Prates, “We Are Considering the Possibility of Mutual Investment Due to Fertilizers… We Have Gas, but Ours Is More Expensive Than Theirs. How Can We Combine Forces Through Mutual Interests? Make a Cross Investment”, Prates Said by Phone Directly from Dubai, Where He Attended the COP 28 Climate Conference.

The President of Petrobras, Jean Paul Prates, Informed That the Company Is Analyzing Alternatives to Attract Investments from Nations in the Middle East, Such as Saudi Arabia and Qatar. These Investments Could Enable the Acquisition of Gas at More Competitive Prices, Which Would Benefit Brazil in Expanding the Production of Nitrogen Fertilizers. Prates Commissioned Studies on Possible Partnerships with Petrobras and Believes That Foreign Investors Could Participate as Minority Shareholders in the Construction of New Plants or in the Modernization of Existing Units in Brazil. In Turn, the Brazilian State-Owned Company Would Have the Opportunity to Establish a Unit in the Middle East, Configuring a “Cross Investment” Between the Parties.

Source: InfoMoney

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Petrobras (PETR4) CEO Seeks Arab Investments for Fertilizers.

Petrobras Is Looking for Ways to Enable the Completion of a Nitrogen Fertilizer Unit in Mato Grosso do Sul, Which Has Been Halted for Several Years, Aiming to Boost Development and Agricultural Production in the Region.

Investment in Nitrogen Fertilizers

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Petrobras (PETR4) CEO Seeks Arab Investments for Fertilizers.

Petrobras Is Looking for Ways to Enable the Completion of a Nitrogen Fertilizer Unit in Mato Grosso do Sul, Which Has Been Halted for Several Years, Aiming to Boost Development and Agricultural Production in the Region.

Investment in Nitrogen Fertilizers

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

The river that “dies” in the desert never reaches the sea and yet gives life to one of Africa’s largest natural refuges in a truly impressive way.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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