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Coronavirus

Petrobras postpones deadlines for the sale of refineries due to the coronavirus

03/21/2020 | 01h28
Petrobras postpones deadlines for the sale of refineries due to the coronavirus
Divulgation Divulgation

Due to the measures to prevent coronavirus, Petrobras will postpone the receipt of binding offers in the refining divestment processes and their respective logistical assets, in order to ensure the effective performance of due diligence by potential buyers.

 

The processes cover the Abreu e Lima (RNEST) refineries in Pernambuco, Landulpho Alves (RLAM) in Bahia, Presidente Getúlio Vargas (REPAR) and the Shale Industrialization Unit (SIX) in Paraná, Alberto Pasqualini (REFAP) in Rio Grande do Sul , Gabriel Passos Refinery (REGAP) in Minas Gerais, Isaac Sabbá Refinery (REMAN) in Amazonas, Lubricants and Oil Derivatives of the Northeast (LUBNOR) in Ceará.

 

Petrobras reinforces its commitment to the project for the sale of refining assets and their respective logistical assets, as stipulated in its Strategic Plan 2020-2024.

 

This operation is in line with the optimization of the portfolio and the improvement in the allocation of the company's capital, with a view to generating value for our shareholders.



Font: T&B Petroleum/Petrobras Agency
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