For Petrobras, extra charge on gasoline would be risky

In a conference call with journalists last Friday (17), the president of Petrobras, Roberto Castello Branco, said that the state is taking measures to preserve its liquidity in the face of the crisis, and according to executives, the imposition of an import tax on gasoline could generate technical problems for the production of other oil derivatives, such as LPG (cooking gas). For Cas

tello Branco, a greater reduction in demand for gasoline, which could occur with possible supply of incentives to the ethanol sector, which also saw a decline in demand, would generate a risk of destocking of oil products. On Thursda

y (16), the president of the Sugarcane Industry Union (Unica), Evandro Gussi, said that the sector called for an increase in the Contribution of Intervention in the Economic Domain (Cide) of gasoline, in addition to reducing the PIS / Cofins for

ethanol.” Brazil is a country that has infrastructure deficiencies, and we are not sure as we are now that we could supply the market with more of this reduction in forced demand by lobbyists…”, castello Branco replied.