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Petrobras to Receive Proposals for Refineries by March 5, but Internal Pressure Not to Sell Is High

Written by Roberta Souza
Published on 14/01/2020 at 11:11
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Petrobras Follows Script and Continues Encouraging Sale of Its Refineries Despite Strong Resistance from Its Internal Body of Engineers – Aepet

A Aepet – Association of Engineers of Petrobras – still resists the state-owned company’s decision to sell its stake in eight of its refineries, which continues following the script and encouraging the market. See also:

The state-owned company announced the divestment last year, informing the sale of its stake in eight of its refineries. They are: REFAP (Alberto Pasqualini Refinery), REPAR (President Getúlio Vargas Refinery), RLAM (Landulpho Alves Mataripe Refinery), REGAP (in Minas Gerais), and RNEST (Abreu e Lima Refinery in Pernambuco).

These industrial plants comprise two regional refining blocks, with REFAP and REPAR supplying fuel and other derivatives for the southern region of the country, while RLAM and RNEST serve the northeast region.

Those interested in the assets must submit proposals by March 5 of this year. Interests come from all over: oil companies, investment funds, international groups, and Brazilian companies in the fuel distribution sector.

Among them, Grupo Ultra, Cosan, Sinopec, the investment fund Mubadala (Abu Dhabi), and EIG (an American company that controls the Port of Açu) are examples of companies that have already expressed interest in the refineries, according to industry sources.

However, Aepet states that, with the sales, Petrobras will be foregoing future revenues in exchange for money received in the short term from the sale of part of these refineries. According to the association, it is a mistake to dispose of any percentage of them, as they have a captive market and present good operational and financial results.

Roberta Souza

Autora no portal Click Petróleo e Gás desde 2019, responsável pela publicação de mais de 8.000 matérias que somam milhões de acessos, unindo técnica, clareza e engajamento para informar e conectar leitores. Engenheira de Petróleo e pós-graduada em Comissionamento de Unidades Industriais, também trago experiência prática e vivência no setor do agronegócio, o que amplia minha visão e versatilidade na produção de conteúdo especializado. Desenvolvo pautas, divulgo oportunidades de emprego e crio materiais publicitários direcionados para o público do setor. Para sugestões de pauta, divulgação de vagas ou propostas de publicidade, entre em contato pelo e-mail: santizatagpc@gmail.com. Não recebemos currículos

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