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Brazil petroleum Chinese CDB received $3500000000 in financing

Brazil petroleum Chinese CDB received $3500000000 in financing

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
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Brazil petroleum Chinese CDB received $3500000000 in financing

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information

Brazil's national oil company (Petroleo Brasileiro, referred to as: Brazil petroleum) said on Wednesday, has signed a contract from the National Development Bank, China get $3500000000financing.

Brazil petroleum, the fundraising is a part of the cooperation agreement, will be implemented in 2015 and 2016. The company did not disclose more details of the agreement, the agreementsigned by the BV Petrobras Global Trading, a subsidiary of Brazil Petroleum Internationalbusiness.

In addition, Brazil petroleum board Tuesday approved the sale price of $101000000 of assets in Argentina, which is part of the divestiture program the company recently announced.

The transaction marks the Brazil oil giant plans to release the first sale. The company announcedplans to release in the earlier this month, is expected to sell assets worth $13700000000 in 2015 and 2016.

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