Brazil's Petrobras eyes IPO of offshore gas pipelines in third quarter
12/1/2020
Brazil’s Petroleo Brasileiro SA is likely to sell a clutch of offshore natural gas pipelines via an IPO in the third quarter of 2021, chief executive Roberto Castello Branco said on an investor call.
He added that his estimate could change, as the potential IPO requires an agreement with other stakeholders in the pipes.
Reporting by Gram Slattery; Editing by Chizu Nomiyama
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