Tuesday, November 5, 2024

Court Orders Petrobras to Supply Natural Gas to Eletrobras

Posted by May 30, 2017

A Brazilian court ordered state-controlled oil firm Petróleo Brasileiro SA to sell natural gas to Centrais Elétricas Brasileiras SA despite the power utility's billionaire debt with the oil company.
 
Eletrobras, as the state-controlled utility is known, plans to use the gas to begin testing a thermal power station under construction in the Amazon region that is scheduled to start operating in June.


(Reporting by Luciano Costa; Writing by Bruno Federowski)

Related News