Petrobras: Sale of assets in Paraguay: Beginning of the binding stage

Sale of assets in Paraguay: Beginning of the binding stage

posto-paraguai 600.jpgContinuing with the Announcement made on Aug. 14, 2017, we hereby announce the beginning of the binding stage regarding the sale of our assets in Paraguay.

At this stage of the project, the letters of invitation are issued to the interested parties authorized in the previous phase, with instructions on the divestiture process, including guidelines for conducting due diligence and for sending the binding proposals.

This disclosure to the market is in line with our system used for divestments, and is aligned with the guidelines set forth by the Federal Court of Auditors (TCU).