Petrobras informed that it intends to raise between US$ 25 and US$ 35 billion from the sale of assets, in its divestment plan.

Petrobras informed that it intends to raise from the sale of assets in its Strategic Plan 2021 – 2025, amounts between 25 and 35 billion dollars. In its previous business plan, values ​​ranged from US$ 20 to US$ 30 billion. The company's program includes 8 refineries, stakes in Braskem, BR Distribuidora and Gaspetro.

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Also in Petrobras' plans is the divestment of the Albacora hub, Albacora Leste, Frade, half of it in the Marlin hub and in assets in land and shallow waters. The company will sell 209 onshore or shallow water fields, assets in Argentina, Bolivia, Colombia and the United States and the Marlim Pole (50%).

The state-owned company began the process of selling its shares in Gaspetro at the end of February. The holding has stakes in 19 natural gas distributors and is responsible for the distribution of 29 million cubic meters of natural gas per day in several states in 2019.

According to the Director of Finance and Investor Relations, Andrea Almeida, “Last year we said that we could incorporate more assets and we are there with Marlim (oil field in the Campos basin), and we continue with the refineries, which are the strongest part of the plan, and in the gas assets we included the routes (of the pre-salt outflow gas pipelines), which were not in Cade's TCC, but we will do it over time".

In addition, 8 refineries are for sale, in addition to stakes in Braskem, PBio, BSBios, BR, among others.

Check out the video of the 2021-25 Strategic Plan, presented by the Directors and President of Petrobras below. The video starts at minute 12.

More divestments Petrobras: state-owned company advances in the sale of a set of five onshore oil field concessions in ES

Petrobras' Capixaba North Pole comprises the onshore oil fields Cancã, Fazenda Alegre, Fazenda São Rafael and Fazenda Santa Luzia. Check out this article in full by clicking on the title above.