Petrobras to complete most refinery sales next year

Petrobras to complete most refinery sales next year

M&A Economy & Policy Energy Oil Gas Debt Brazil

Brazilian trade and investment promotion agency Apex-Brasil thinks "at least 80%" of the refineries included in the asset sales program of state-owned oil company Petrobras will be sold by the end of next year, CIO Adalberto Netto told LatinFinance. Apex-Brasil has an agreement with Petrobras to promote the refinery sales abroad and it has seen the most interest from possible buyers in the Middle East, India and Asia, Netto said. "We are monitoring two projects closely. Things are moving ahead.

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