Petrobras Says It Gets $2.2B From Sale Of Assets In Peru

Reuters

BRASILIA, Nov 11 (Reuters) - Brazil's state-run oil company Petrobras said on Tuesday it received $2.2 billion from the sale of its Peruvian oil and gas assets to PetroChina, China's top oil and gas firm, and its parent China National Petroleum Corp (CNPC).

The company said in a statement it had to deduct $400,000 from the announced sale price of $2.6 billion for taxes owed.

Petrobras has said its exit from Peru is part of a broader plan aimed at divesting billions in foreign assets to focus on massive offshore deposits in Brazil.

(Reporting by Alonso Soto; Editing by Alan Crosby)

Copyright 2017 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
Construction Contracts Analyst
Expertise: Contracts Administration|Legal
Location: Alpharetta, GA
 
Senior Construction Contracts Manager
Expertise: Construction Manager|Legal
Location: Alpharetta, GA
 
Sourcing Commodity Leader - Aerospace
Expertise: Project Management|Supply Chain Management
Location: Irvine, CA
 
search for more jobs

Brent Crude Oil : $53.87/BBL 0.48%
Light Crude Oil : $50.73/BBL 0.79%
Natural Gas : $3.33/MMBtu 2.14%
Updated in last 24 hours