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Privatization of 8 Out of 13 Petrobras Refineries Could Further Increase Fuel Prices, According to Oil Workers

Written by Roberta Souza
Published on 16/03/2021 at 14:26
Updated on 16/03/2021 at 17:18
Petrobras, refinarias, combustíveis
Refinaria da Petrobras/ Fonte: Reprodução – Via Google
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As Part Of Petrobras’ Divestment Plan, The Sale Of Refineries May Result In Increased Fuel Prices. Oil Workers Are On Strike In Several States

Should the sales of Petrobras’ refineries be finalized, gasoline and diesel prices may rise even more, despite consecutive surges in fuel prices. According to the oil workers, who are on strike in the states of Bahia, Amazonas, Espírito Santo, Minas Gerais, Pernambuco, and São Paulo, the sale of the refining units, which are part of the state-owned company’s divestment plan, could have many impacts on society.

Petrobras And The Consecutive Increases In Fuel Prices

With the increase in the dollar, gasoline and diesel have become more expensive at Petrobras’ refineries, leading to new adjustments that directly impact consumers’ wallets. This is the sixth increase this year and the second one just this March made by the state-owned company, with adjustments of 8.8% for gasoline and 5.5% for diesel.

To raise awareness and attract popular support, oil workers have been promoting the sale of fuels at reasonable prices. In recent weeks, at various gas stations across the country, app drivers were able to purchase gasoline for R$ 3.50 per liter. They also sold diesel and cooking gas at promotional prices. They believe that since Petrobras controls all stages of production, from exploration to refining, it is unfair to tie price fluctuations to the international market.

The oil workers in Bahia, who have been on strike since the 5th, opposed the sale of the Landulpho Alves Refinery, which was negotiated for US$ 1.65 billion with Mubadala Capital. The refinery was valued at between US$ 3 billion and US$ 4 billion but sold for half the price.

Check Below The Interview With The Director Of Sindipetro Bahia

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Odebrecht Group Company Wins Contract And Will Build Oil Refinery Valued At Over 900 Million Dollars In Angola

Odebrecht announced this week that it will build a new oil refinery plant in Angola. The chosen company to carry out the works is OEC, which operates in the engineering and construction sector of the Odebrecht group. The oil refinery will be built in the Cabinda province, located about 30 km north of Luanda, the capital of Angola. The contract value is estimated at US$ 920 million and the installation works are expected to begin between April and May of this year (2021). Check out this article in its entirety by clicking here.

Roberta Souza

Author for the Click Petróleo e Gás portal since 2019, responsible for publishing over 8,000 articles that have garnered millions of views, combining technical expertise, clarity, and engagement to inform and connect readers. A Petroleum Engineer with a postgraduate degree in Industrial Unit Commissioning, I also bring practical experience and background in the agribusiness sector, which broadens my perspective and versatility in producing specialized content. I develop content topics, disseminate job opportunities, and create advertising materials tailored for the industry audience. For content suggestions, job vacancy promotion, or advertising proposals, please contact via email: santizatagpc@gmail.com. We do not accept resumes

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