June 30, 2017 / 9:34 PM / a year ago

Brazil concludes it owes Petrobras money in Transfer of Rights deal- source

RIO DE JANEIRO, June 30 (Reuters) - The Brazilian government concluded that it owes state oil company Petrobras money after a revaluation of the so-called Transfer of Rights contract, a government source familiar with the issue told Reuters on Friday.

The government will offer to settle the debt arising from the contract with Petrobras, or Petróleo Brasileiro SA , using a payment in oil, the source added. (Reporting by Rodrigo Viga; Writing by Marcelo Teixeira; Editing by Daniel Flynn)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below