Empresariado da Rússia pode efetivar compra da fábrica de fertilizantes da Petrobras em Três Lagoas, no estado do Mato Grosso do Sul até o final do primeiro semestre de 2022, segundo expectativas do presidente Bolsonaro

Russian Business Community May Finalize Purchase of Petrobras Fertilizer Plant in Três Lagoas, Mato Grosso do Sul, by the End of the First Half of 2022, According to Expectations from President Bolsonaro

Written by Junior Aguiar

Published on 01/03/2022 at 07:01

Updated on 01/03/2022 at 07:31

Imagem: G1 via Google

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Even with an active war involving Russia, with no end in sight, Brazil’s President Jair Bolsonaro believes that Petrobras will finalize the sale of the Nitrogen Fertilizer Unit to the Russians soon.

The purchase of Petrobras’ Nitrogen Fertilizer Unit (UFN3), located in the city of Três Lagoas, Mato Grosso do Sul, was made by Acron, a Russian business group. The announcement of the deal was made earlier this month by the Minister of Agriculture, Tereza Cristina. The expectation now, according to President Bolsonaro, is that the sale will be finalized by mid-year.

Negotiation between Petrobras and Russian Business Group over Fertilizers Had Been Ongoing for More Than Five Years

The Russians had already expressed interest in purchasing the fertilizer factory from the beginning. What hindered the negotiation earlier was the difficulty Russia faced in importing natural gas from Bolivia.

During this period, the negotiations between the Russians and Petrobras were also suspended, as the Minister of the Supreme Court (STF), Ricardo Lewandowski, prohibited the government from privatizing state-owned companies without the approval of the National Congress.

Later, when judging the merits of the case, the STF authorized the sales of subsidiaries that had legislative approval.

The topic of “fertilizers” had been the main subject of discussion between Jair Bolsonaro and Russian President Vladimir Putin during their meeting, which lasted over three hours, on the 16th.

Russian Business Community May Finalize Purchase of Petrobras Fertilizer Plant in Três Lagoas, Mato Grosso do Sul, by the End of the First Half of 2022, According to Expectations from President Bolsonaro

Even with an active war involving Russia, with no end in sight, Brazil’s President Jair Bolsonaro believes that Petrobras will finalize the sale of the Nitrogen Fertilizer Unit to the Russians soon.

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Negotiation between Petrobras and Russian Business Group over Fertilizers Had Been Ongoing for More Than Five Years

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Russian Business Community May Finalize Purchase of Petrobras Fertilizer Plant in Três Lagoas, Mato Grosso do Sul, by the End of the First Half of 2022, According to Expectations from President Bolsonaro

Even with an active war involving Russia, with no end in sight, Brazil’s President Jair Bolsonaro believes that Petrobras will finalize the sale of the Nitrogen Fertilizer Unit to the Russians soon.

See Also

Negotiation between Petrobras and Russian Business Group over Fertilizers Had Been Ongoing for More Than Five Years

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A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

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