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Home President of Petrobras, says that even with the delays, the oil company will finalize the sale of the remaining 08 refineries

President of Petrobras, says that even with the delays, the oil company will finalize the sale of the remaining 08 refineries

December 2 from 2020 to 12: 41
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Petrobras - oil company - refineries
Petrobras Refineries

Petrobras claims that the sale of the remaining 08 refineries will take place before the end of the year and that the oil company is working hard to do so.

Roberto Castello Branco – The current president of Petrobras stated in a recent interview on 30/11 that, despite the delays, the oil company intends to finalize the sale of the remaining refineries.

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Some refineries are already advanced

The President of Petrobras has already confirmed that six of the eight refineries that are in the process of being sold by the oil company are already in a more advanced state. The two remaining refineries should be sold in the first half of 2021.

“We have received several proposals from Repar (PR) and the Refap (RS) on December 10, so far we can say that six of Petrobras' eight refineries are already guaranteed for sale and the other two that remain will receive binding offers at the beginning of next year", decreed the president of Petrolífera - Castello White.

Petrobras may increase crude oil exports after sale of refineries

Petrobras' logistics director stated that after the sale of the oil company's refineries is concluded, the amount of oil exported could be doubled. "It doesn't make economic sense to import oil, but we can also increase exports," said Chiarini.

Petrobras says big divestments are coming to an end

Petrobras is in the advanced stages of several key divestments, executives said on Thursday, indicating the company's ambitious deleveraging program could accelerate after a lull during Brazil's worst coronavirus outbreak.

In statements to analysts after the company's results in the third quarter, executives of the oil company Petrobras, as the state-owned company is formally known, said that it hopes to finalize negotiations to sell its RLAM refinery by the end of the year. recently received binding offers for its REMAN refinery in the Amazonian city of Manaus.

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