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SAO PAULO, Oct 30 (Reuters) - Brazil's state-run oil company Petrobras said on Friday it approved a deal to supply naphtha to petrochemical company Braskem for 45 more days, according to a filling to Brazil's market regulator.
Petroleo Brasileiro SA, as the company is formally known, is negotiating a long-term contract to supply naphtha to Braskem, but is making short-term arrangements to guarantee Braskem receives the product while talks continue. (Reporting by Marcelo Teixeira; Editing by Meredith Mazzilli)