News
20 December 2016

Petrobras and CDB agree $5bn oil supply deal

Region:
Americas, Asia-Pacific

Petrobras, Brazil's state-run oil group, has signed a $5 billion, ten-year financing agreement with the China Development Bank (CDB). Under the deal, Petrobras will sell to China National United Oil Corporation, China Zhenhua Oil Company and Chemchina Petrochemical.

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