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US$500 million Brazil fuel oil sale.(Brief article)
0 Comments | Caribbean Update, July, 2006
Petroleo Brasileiro SA, Brazil's state- controlled oil company, will sell US$500 million of fuel oil to the Puerto Rico Electric Power Authority (PREPA), the state-controlled energy generator, reports Bloomberg (May 29, 2006). Petrobras will provide PREPA with 9.5 million barrels of fuel with a 0.5% sulfur content from June 2006 through May 2007, to power thermo-electric power plants, the company said.
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