May 8, 2018 / 5:49 PM / 7 months ago

Petrobras sees $11 bln in cash flow from divestments this year

RIO DE JANEIRO, May 8 (Reuters) - Brazilian state-controlled oil company Petroleo Brasileiro expects to generate $11 billion in cash from divestments this year and $30 billion from operations, a presentation showed on Tuesday.

After reporting its highest profit in five years, Petrobras said it expects to invest $17 billion, make $6 billion in interest payments and $1.5 billion in payments on debt principal in 2018. (Reporting by Marta Nogueira and Alexandra Alper Editing by Chizu Nomiyama)

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