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Key areas of Petrobras are in dispute. PT, formed by Lula's allies, seeks to form a partnership to increase its reach and have more influence in the state-owned company's decisions

Written by Ruth Rodrigues
Published 04/03/2023 às 01:33
Updated 07/03/2023 às 04:07
The objective of Cade's board is to verify possible impacts and irregularities of the privatization of refineries and their contracts with Petrobras. The body will check whether crude oil prices are being raised for the privatized facilities.
Photo: Brenno Carvalho/Agência O Globo
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The command of Petrobras was assumed by Jean Paul Prates, from the PT, and internally disputes are taking place to know who will dominate the key areas of the state-owned company. Lula's allies seek support in the parties that hold more voting power and mobilize partnerships.

According to internal sources, Petrobras is going through a time of great internal disputes, mainly aimed at control over key areas of the state-owned company. The PT, the party to which Lula, the current President of the Republic, is affiliated, would be seeking to outline strategies to overcome the power of other parties and thus be the majority among the other members.

The intention is to have control of the state-owned company's decision-making areas on issues such as sales prices and profit distribution

Currently, the oil and gas sector is generating great discussions due to the transfer price to the population.

The high values ​​have given space for demonstrations by the public and, meanwhile, Petrobras, which is one of the largest state-owned companies in the segment, is also facing internal disputes.

This is due to a movement led by the PT, the Workers' Party, to which President Lula and the current president of Petrobras, Jean Paul Prates, are affiliated.

The group is seeking to dominate the company's key areas to have more control over important areas, ranging from service contracts to influencing fuel transfer prices and even the distribution of profits to shareholders.

The party is heavily invested in opposing centre-right parties such as the PSD and União Brasil, which are also showing an interest in expanding their power in the context. The entire union base, grouped in the CUT and in the oil workers' organizations, is added to the struggle.

In numbers, the parties mentioned — PSD and União Brasil — are more relevant, since, together, they result in 20% of the votes in the Chamber. The percentage is higher than that achieved by the combination of PT, PCdoB and PV, whose sum is equal to 16% of the votes available in the plenary of deputies.

Struggle and quest for power extends to the Board of Directors. The names were recommended and should be evaluated soon, facing resistance from opponents

Petrobras' Board of Directors began to receive names for nomination. In all, seven recommendations were made and the vote to make the final choice should take place in the second half of April, by a general meeting.

Of the seven nominees, four were suggested by PSD and União Brasil, something that has faced direct resistance from the Oil Workers Federation. The body, linked to the PT, considers that all the names mentioned are “linked to Bolsonarism, the financial market and in favor of privatizations”, which, according to them, would result in “obstacles to the fulfillment of the government program”, if any of the mentioned names is chosen.

In addition to Petrobras, the dispute between the parties also extends to the Ministry of Mines and Energy, commanded by Alexandre Silveira, from the PSD.

It is worth mentioning that the ministry in question has a direct relationship with Petrobras, mainly in relation to the taxation of crude oil exports, a process that is being decided by professionals involved in the segment, as well as by the President of the Republic, Luiz Inácio Lula da Silva. Silva.

The PT's clash and resistance to the power of other parties in Petrobras is common, considering that having influence over key areas is a basic objective. It does not mean that Lula's voters necessarily get what they want, since the other parties involved have numerical superiority.

Ruth Rodrigues

Graduated in Biological Sciences from the State University of Rio Grande do Norte (UERN), she works as a writer and scientific disseminator.

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