Petrobras has completed the sale of its assets in the country within its ambitious disinvestment program of $9.9 billion, included in the 2013-2017 business and management plan. Now the company will focus its efforts again on the disinvestment of overseas projects. But the Pasadena and Okinawa refineries will be maintained. The former is embroiled in controversy over an allegedly inflated purchase price. Petrobras CEO, Maria das Graças Foster, said the oil giant is expected to announce a new transaction abroad soon. The executive, however, gave no deadline for completing the deal.
Source: Valor
