Sachsida says Petrobras will try to sell oil refineries

Petrobras fuels
Presidente Getúlio Vargas Refinery (Repar), in Paraná, is one of the units that Petrobras should sell.| Photo: Petrobras Agency

The Minister of Mines and Energy, Adolfo Sachsida, said on Wednesday (4) that Petrobras has to sell its oil refineries to become more competitive in the market. The information was published by g1. The privatization of eight units was defined in 2019 in an agreement with the Administrative Council for Economic Defense (Cade).

“What a pity for Petrobras, it tried to sell and failed? Let’s try more seriously now. What is agreed is not expensive. There is a term of adjustment of conduct. .

So far, only the sale of the Bahia unit, RLAM, has been completed. Another three units had purchase and sale agreements entered into and are awaiting compliance with regulatory approvals to be concluded. At the end of June, the state reopened the process of selling three refineriesin Pernambuco, Paraná and Rio Grande do Sul.

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