Petrobras Uruguay Faces Threat of Fuel Supply Cut

Written by Paulo Nogueira

Published on 07/05/2019 at 12:42

Updated on 07/05/2019 at 12:57

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The Fancap, the union of workers in Uruguay, threatened to cut the fuel supply for Petrobras stations in Uruguay and for an airport on Monday, May 6.

Petrobras announced the sale of refineries in Uruguay, and the measure resulted in layoffs in the country. The oil company controls two gas distributors in the neighboring country, MontevideoGas and Conecta, but intends to negotiate its exit from the country due to the fact that its operations are unprofitable; Petrobras invested US$ 112 million in the last 15 years, having a loss of US$ 116 million in the same period.

At the same time, the company is facing serious problems with local worker unions, which complain that Petrobras is seeking cost reduction through layoffs. Fancap, the union of workers at the state energy company of Uruguay (Ancap), in response, threatened to cut the fuel supply for Petrobras stations in Uruguay and for one unnamed Uruguayan airport.

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Petrobras Uruguay Faces Threat of Fuel Supply Cut

The Fancap, the union of workers in Uruguay, threatened to cut the fuel supply for Petrobras stations in Uruguay and for an airport on Monday, May 6.

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Petrobras Uruguay Faces Threat of Fuel Supply Cut

The Fancap, the union of workers in Uruguay, threatened to cut the fuel supply for Petrobras stations in Uruguay and for an airport on Monday, May 6.

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