Petrobras Has Already Granted Over R$ 16 Billion in Credit to Oil and Natural Gas Producing Companies in Brazil Through the Mais Valor Program, Which Boosts the National Fuel Sector

Written by Ruth Rodrigues

Published on 21/02/2023 at 00:37

Foto: Fernando Frazão/Agência Brasil

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The Goal of the State Oil Company with the Mais Valor Program Is to Stimulate Oil and Natural Gas Production in Brazil, Encouraging the Supply Chain. According to Petrobras, More Than Two Thousand Suppliers Have Already Registered on the Company’s Platform.

Targeting the Growth of the National Fuel Sector, Petrobras Continues to Reap Great Results with the Mais Valor Program. The Credit Program for Oil and Natural Gas Producing Companies in Brazil Has Already Granted Over R$ 16 Billion Since Its Creation in 2020. About 113 Thousand Invoices Have Been Anticipated Through Financial Institutions Partnering with the State Company, Which Aims to Stimulate the National Supplier Market.

There Are Already More Than 113 Thousand Invoices Anticipated Through Financial Institutions Partnering with Petrobras in the Mais Valor Program, Highlights the Company

Created in December 2020, the Mais Valor Program to Stimulate Oil and Natural Gas Production in the National Market Continues to Achieve Great Results for Petrobras.

The State Company Claimed That There Are Already Over Two Thousand Supplier Companies Registered in the Credit Production Program System.

ARTICLE CONTINUES BELOW

Mais Valor Program Aims to Unite Banks and Financial Institutions in Stimulating the Brazilian Oil and Natural Gas Supply Chain

André Campos, Responsible for the Program at Petrobras, Emphasized That the Mais Valor Program Seeks to Interconnect Banks and Financial Institutions with Oil and Natural Gas Producing Companies in Brazil.

The Goal Is to Secure Support from Organizations to Foster an Even More Efficient Fuel Supply Chain in the Brazilian Market.

“The Recourse Factoring Operations, Which Reflect Petrobras’ Ability to Honor Its Commitments, Combined with the Reverse Auction Dynamics Occurring on the Platform, Allow for Efficiency in These Operations That Are Conducted Daily in a Standardized, Transparent Manner with the Most Attractive Rates Available in the Market,” He Stated.

Furthermore, He Highlighted That Payment Anticipation Transactions for Invoices Are Being Increasingly Adopted by Suppliers of Various Types.

“The Program Constitutes an Important Tool to Support the Investments Planned for the Coming Years, Giving More Breath to the Entire Oil and Gas Production Chain,” The Specialist Concluded.

With the Mais Valor Program, Petrobras Develops an Ever More Efficient Oil and Natural Gas Supply Chain.

Petrobras Has Already Granted Over R$ 16 Billion in Credit to Oil and Natural Gas Producing Companies in Brazil Through the Mais Valor Program, Which Boosts the National Fuel Sector

The Goal of the State Oil Company with the Mais Valor Program Is to Stimulate Oil and Natural Gas Production in Brazil, Encouraging the Supply Chain. According to Petrobras, More Than Two Thousand Suppliers Have Already Registered on the Company’s Platform.

There Are Already More Than 113 Thousand Invoices Anticipated Through Financial Institutions Partnering with Petrobras in the Mais Valor Program, Highlights the Company

Mais Valor Program Aims to Unite Banks and Financial Institutions in Stimulating the Brazilian Oil and Natural Gas Supply Chain

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Petrobras Has Already Granted Over R$ 16 Billion in Credit to Oil and Natural Gas Producing Companies in Brazil Through the Mais Valor Program, Which Boosts the National Fuel Sector

The Goal of the State Oil Company with the Mais Valor Program Is to Stimulate Oil and Natural Gas Production in Brazil, Encouraging the Supply Chain. According to Petrobras, More Than Two Thousand Suppliers Have Already Registered on the Company’s Platform.

There Are Already More Than 113 Thousand Invoices Anticipated Through Financial Institutions Partnering with Petrobras in the Mais Valor Program, Highlights the Company

Mais Valor Program Aims to Unite Banks and Financial Institutions in Stimulating the Brazilian Oil and Natural Gas Supply Chain

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An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

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With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

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