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The agreements signed by Petrobras with the Chinese market aim to regain the company's position in global trade. Under the leadership of Prates, the state-owned company is charting a promising path with Chinese banks.
Petrobras, under the leadership of President Jean Paul Prates, reinforced this Monday (28/08), a strategic partnership with China aiming to expand its global presence. Recently, the company signed significant agreements with major Chinese banks in the energy sector. China will play a crucial role in Petrobras' strategy to regain its global influence, with a focus on the Chinese market and collaborations with both Chinese and international companies. These agreements, aligned with Petrobras' future Strategic Plan 2024 – 28, seek to explore sustainable opportunities, strengthen the national supply chain and intensify commercial relations.
Petrobras signs promising agreements with banks in the Chinese market
Under the direction of the president of Petrobras, Jean Paul Prates, the Brazilian state-owned company is reinforcing its strategy of expanding its global presence through strategic partnerships with China.
In a scenario of global market diversification, Prates emphasizes that China will play a decisive role in Petrobras' trajectory.
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This is because Petrobras is moving towards strengthening its global presence through substantial agreements with two important Chinese banks in the oil, gas and energy sector: the CDB (China Development Bank) and the Bank of China.
Petrobras' global expansion strategy has a central point in China.
The Chinese market is highlighted as a priority for the state-owned company, which plans to explore opportunities and establish strategic collaborations not only with Chinese companies, but also with international partners.
“China will be a decisive partner in Petrobras’ strategy to regain its global presence. We see the Chinese market as a priority in this process. We will look for opportunities and work in partnership with Chinese companies and companies from other countries”, highlighted Prates on Twitter.
The recently signed agreements with banks in the Chinese market have a long-term perspective, being in line with the key elements outlined in Petrobras' long-awaited 2024-28 Strategic Plan.
The launch of this plan is scheduled for November, and the agreements will serve as foundations for the execution of the established goals.
Thus, the company will regain its leading position in the global fuel and energy market.
Agreements signed with Chinese banks are in accordance with the State's Strategic Plan
Prates celebrated the signing of agreements with Chinese banks, reinforcing that they are in accordance with the Petrobras Strategic Plan project.
“The signing of documents with the China Development Bank and the Bank of China are part of the set of initiatives of Petrobras' mission to China, aimed at fostering partnerships and business with large Chinese companies and financial institutions, in the exploration and production, refining and and processing, energy transition and other areas of the industry”, added the executive.
In addition to expanding its presence in the Chinese market, the agreements signed aim to diversify and expand Petrobras' activities. Among the objectives, the following stand out:
- Exploration of sustainable opportunities: The documents seek to evaluate investment and cooperation opportunities in low carbon initiatives and green finance;
- Support for the supply chain: Petrobras also aims to strengthen the financial capacity of the national supply chain, boosting the sustainability and competitiveness of the sector;
- Commercial and financial exchange: The search for closer commercial and financial ties between Petrobras and Chinese companies is a fundamental component of these agreements.
Thus, Petrobras' recent actions, guided by President Prates, reinforce the company's commitment to achieving a prominent position on the global stage through solid alliances with key partners, such as China.
