May 13, 2022 |
The Brazilian government has floated the idea of privatizing state-run oil company Petrobras, but such plans have been met with widespread skepticism among politicians and investors, market sources said Thursday.
"It would be very good to privatize Petrobras, but it is not an easy thing to do. You would need to change the legislation," an analyst told LatinFinance.
Adolfo Sachsida became the new mining and energy minister after President Jair Bolsonaro sacked Bento Albuquerque on Wednesday and
New energy minister's plans to study a sale are met with widespread skepticism in the market