The incoming Brazilian government has no intention of causing a “break” in the state oil company Petrobrasa member of the transition team said on Thursday, adding that “everything” would be discussed with markets and investors.
Senator Jean Paul Prates, a member of President-elect Luiz Inácio Lula da Silva’s transition team for the mining and the Energysaid changing the company’s current dividend policy was something that would be discussed gradually.
Prates pointed out that the incoming government – and not Petrobras itself – would establish a new fuel price policy for the country. The leftist Lula will take office on January 1.
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