Petrobras to get diesel subsidy payment

Brazil

SAO PAULO, December 14, 2018 – Brazil’s National Agency of Petroleum, Natural Gas and Biofuels has authorised diesel subsidy payments to NOC Petrobras worth about USD 170 million, international media reported on Thursday.

The reimbursement covers the period between September 30 and October 29, Reuters reported.

In other news from Brazil, Petrobras has delayed a tender for the Mero-2 FPSO until mid-February 2019, Upstream Online reported.

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