November 25, 2019
Brazil's Petrobras has asked qualified bidders to present binding offers for four oil refineries, part of the state-owned oil company's plans to sell downstream assets to raise money to pay off debt.
The refineries for sale are Abreu e Lima (RNEST) in Pernambuco, Landulpho Alves (RLAM) in Bahia, Presidente Getúlio Vargas (REPAR) in Paraná and Alberto Pasqualini (REFAP) in Rio Grande do Sul and their corresponding logistics assets, Petrobras said in a securities filing on Friday.
RNEST can proces
Brazil's state-owned oil company also leases two fertilizer plants to Unigel for $42 mln