Back

LatinNews Daily - 05 July 2018

In brief: Brazil

* Brazil’s state oil company Petrobras has signed a letter of intent with China National Petroleum Corporation (CNPC) to conclude construction of the Complexo Petroquímico do Rio de Janeiro (Comperj) petrochemical and refinery project. Petrobras had already spent some US$14bn on the Comperj before it was suspended in 2015 in the midst of the ‘Operation Car Wash’ corruption investigation. “The strategic association will strengthen ties between the companies and contribute to deepening the global strategic association between Brazil and China, both members of the BRICS,” a Petrobras statement read.

End of preview - This article contains approximately 89 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.