Brazil's Petrobras launches binding phase to sell REGAP refinery
12/20/2019 9:50:20 AM
Brazil’s state-run oil company Petroleo Brasileiro SA said it had launched the binding phase for the sale of Gabriel Passos Refinery, known as REGAP, according to a securities filing.
Reuters reported on Tuesday, citing people with knowledge of the matter, that China’s Sinopec and U.S.-Based EIG Global Energy Partners had entered non-binding offers to buy REGAP, which has capacity to refine 166,000 barrels of oil per day.
Reporting by Marta Nogueira; Writing by Jake Spring; editing by David Evans
Comments