Brazilian government denies to pay $14 billion to Petrobras

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Brazilian government denies to pay $14 billion to Petrobras
08 January 2019, Sao Paulo — Brazil’s Economy Ministry denied that the government would pay $14 billion to state-controlled oil company Petroleo Brasileiro SA to settle a dispute over an oil-producing zone off the Brazilian coast known as the transfer-of-rights area. The ministry told Reuters in a statement the figure, reported on Monday by the … More »

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