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Brazil Bets on Fuel
Leadership
Brazilian state Petrobras
corporation announced the
purchase of gas stations and
other products in Colombia,
Paraguay, and Uruguay from the
Anglo-Dutch transnational Shell.
In the case of Paraguay and
Uruguay, the purchases will
include all benefits provided by
Shell to retain Latin America´s
leadership in the field,
Petrobras sustained.
The negotiations with Paraguay
and Uruguay are expected to
reach 140 million dollars,
although exact numbers are yet
to be revealed.
The purchases will include 134
gas stations in Paraguay, 89 in
Uruguay, and 39 in Colombia
where Petrobras also acquired a
lubricant mixing plant, a
station for operations, and a
terminal for basic products.
In the case of Paraguay, 52
shops in gas stations and other
facilities providing supplies at
airports in Asuncion and Ciudad
del Este will be included.
As part of the agreement,
Petrobras will own Uruguayan
fuel facilities for aviation at
Montevideo International
Airport, the offices in charge
of asphalt sales, and the
regional market for maritime
products.
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