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Petrobras buys back materials sold as scrap, says Sindipetro

Written by Flavia Marinho
Published 17/09/2020 às 17:32
scrap sold by Petrobras
Of the 9.800 items sold by Petrobras since June, 980 have issued purchase orders and 1.162 are under review to be purchased again

Of the 9.800 items sold by Petrobras since June, 980 have issued purchase orders and 1.162 are under review to be purchased again

According to the publication made last Tuesday (15/09) by Sindipetro Unificado SP, Petrobras would be selling parts in use in its units as if they were scrap. Campo de Lula – the largest oil and natural gas producer in Brazil was changed on September 14 to Tupi after ANP determination

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The entity claims that of the 9.800 items sold by the state-owned company since June, 980 have issued purchase orders and 1.162 are under analysis to be purchased again.

“This proves that Petrobrás does not apply the criterion of potential use and is repurchasing at updated prices the same materials that it sold at symbolic prices, which has generated a billionaire systemic loss for the company”, the source is indignant.

The union entity says that the complaint made is based on Petrobras' internal data, through a source who preferred not to be identified.

Sindipetro Unificado SP cites as an example, a truck that left the Luiz Carlos Prestes Thermoelectric Plant (UTE) loaded, in Três Lagoas (MS) in September.

Materials belonging to Petrobras that until then were part of the plant's inventory were sold as scrap for nine thousand reais. Among the items, there was a new pneumatic control valve, packed in the box, which costs between R$ 12 and R$ 15.

According to a source from the union, poor planning, slowness, centralized inventory management and abrupt project changes are some of the factors that increase the company's inventories.

Changes in Petrobras' investment policies led to much larger losses. In 2010, the company ordered eight platform hulls from the Rio Grande shipyard, from Ecovix, for R$ 10 billion.

In 2016, after the impeachment against President Dilma Rousseff, Petrobras decided to transfer to Asia the construction of nine oil platforms, which were already under construction in Brazil, destined for Campo de Lula, in the pre-salt layer.

The Rio Grande Shipyard was forced to lay off almost all of its 24 workers, and around 80 tons of steel structures that would be used in the construction of the P-71 and P-72 platforms were sold as scrap.

The abandonment of these projects had serious consequences for Brazil's naval industry, leaving thousands of Brazilians out of work. In Rio de Janeiro alone, more than 55 thousand workers lost their jobs between 2014 and 2018.

“This policy goes against the local content policy that has existed in Brazil since 1999. The mechanism requires that all equipment intended for oil exploration in the country have a minimum percentage of materials produced by the national industry. It was made to avoid the so-called “Dutch disease”, which is characterized by the extraction and export of crude oil, without the development of the national production chain”, says Sindipetro.

The current president of Petrobras, Roberto Castello Branco, has already harshly criticized local content. In 2019, he stated that this rule was responsible for a “disastrous history, loss of productivity and corruption” and, also, “brought enormous damage, not only for Petrobras, but for the whole country”.

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Flavia Marinho

Flavia Marinho is a postgraduate engineer with extensive experience in the onshore and offshore shipbuilding industry. In recent years, she has dedicated herself to writing articles for news websites in the areas of industry, oil and gas, energy, shipbuilding, geopolitics, jobs and courses. Contact flaviacamil@gmail.com for suggestions, job openings or advertising on our website. Do not send your resume, we are not hiring!

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