Petrobras Receives Purchase Proposal for REFAP Refinery From Ultrapar and Awaits Bids for Another 6 Units

Written by Flavia Marinho

Published on 20/01/2021 at 11:08

Updated on 20/01/2021 at 11:09

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Ultrapar and Petrobras Are Negotiating the Sale of the Alberto Pasqualini Refinery (REFAP) in Rio Grande do Sul. REPAR in Paraná Is Also for Sale by the State Company

Petrobras reported in a material fact last night about the progress of the divestments of the refineries and clarified that it received a binding proposal for the sale of the Alberto Pasqualini Refinery (REFAP) in Rio Grande do Sul and is in negotiation with Ultrapar. Looking for a Job? Leader in the Meat Trade in Brazil Opens Many Maintenance and Production Jobs

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Petrobras stated in the announcement that it also received binding proposals for the sale of the Presidente Getúlio Vargas Refinery (REPAR) in Paraná and is in the process of analyzing the proposals.

According to the state company, the company is awaiting final offers from all participants in the sale process of the Landulpho Alves Refinery (RLAM) in Bahia, based on the negotiated versions of the contracts with Mubadala Investment Company.

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Petrobras also received binding proposals and is in negotiation for the sale of the Isaac Sabbá Refinery (REMAN) in Amazonas; the Lubricants and Oil Derivatives of the Northeast (LUBNOR) in Ceará; and the Shale Industrialization Unit (SIX) in Paraná.

Petrobras expects to receive binding proposals for the sale of the Abreu e Lima Refinery (RNEST) in Pernambuco and the Gabriel Passos Refinery (REGAP) in Minas Gerais in the first quarter of this year.

“Petrobras reinforces its commitment to the broad transparency of its divestment projects and management of its portfolio and informs that the subsequent stages will be disclosed to the market”, says the state company.

Petrobras Communicates That It Did Not Sign with Cade, Addendum to the Termination Agreement for the Refining Market

Petrobras informed in a material fact last night (01/19) that it did not sign the addendum to the Termination of Commitment Agreement (TCC) with the Administrative Council for Economic Defense (Cade) for the refining market.

The TCC is a type of agreement entered into between Cade and the companies and/or individuals investigated for violations of economic order.

The market interprets that the refining TCC has as its main obligation Petrobras’ commitment to fully divest several refineries by the end of 2021.

Petrobras Receives Purchase Proposal for REFAP Refinery From Ultrapar and Awaits Bids for Another 6 Units

Ultrapar and Petrobras Are Negotiating the Sale of the Alberto Pasqualini Refinery (REFAP) in Rio Grande do Sul. REPAR in Paraná Is Also for Sale by the State Company

Read Also

Petrobras Communicates That It Did Not Sign with Cade, Addendum to the Termination Agreement for the Refining Market

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Petrobras Receives Purchase Proposal for REFAP Refinery From Ultrapar and Awaits Bids for Another 6 Units

Ultrapar and Petrobras Are Negotiating the Sale of the Alberto Pasqualini Refinery (REFAP) in Rio Grande do Sul. REPAR in Paraná Is Also for Sale by the State Company

Read Also

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