Brazil's Petrobras says has no plans to sell sub-salt fields
BRASILIA, April 15 (Reuters) - Brazilian state-run oil company Petroleo Brasileiro SA said on Wednesday that its divestment plan does not include sub-salt oil fields.
In a securities filing, Petrobras, as the company is known, said its $13.7 billion asset sale program for 2015-2016 aims to preserve the company's cash flows and prioritize investment.
A local newspaper reported on Wednesday that Petrobras could include stakes on its deep-water sub-salt fields. (Reporting by Alonso Soto; Editing by Leslie Adler)
© Thomson Reuters 2016 All rights reserved.