Petrobras resumes sale of Araucaria Nitrogenados

The decision of the Supreme Court (STF), which allows the commercialization of the subsidiaries of Petrobras without endorsement of the Congress, suspended the inliminary issued by the Federal Justice of Rio de Janeiro that suspended the sale of 100% of the participation of the State in Araucaria Nitrogenados S.A. (ANSA). Now, the company’s intention is to resume the total transfer of its participation.

The commercialization of the fertilizer plant is in Petrobras ‘ disinvestment plan that will contribute to the debt reduction of the state and the generation of value through the active management of the portfolio, in the Business plan and management 2019-2023 and resilience plan.

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