Petrobras aims to implement fuel price parity -executive
RIO DE JANEIRO, July 16 (Reuters) - Brazil's state-run oil company Petroleo Brasileiro SA is working to bring domestic diesel and gasoline prices into parity with international levels, a company executive said on Thursday.
International fuel price parity is necessary for Petrobras to successfully attract buyers or partners for its downstream distribution system, which is over-stressed and in need of investment, Network Planning and Logistics Executive Eric Futino said during an event in Rio de Janeiro. (Reporting by Jeb Blount; Editing by Chris Reese)
© Thomson Reuters 2016 All rights reserved.