Petrobras gets $2.2B from sale of Peruvian assets

Petrobras has received $2.2 billion from the sale of its Peruvian oil and gas assets to PetroChina and its parent China National Petroleum Corp. (CNPC), according to Reuters.

The company deducted $400,000 from the announced sale price of $2.6 billion for taxes owed.

Reuters notes that Petrobras’ exit from Peru is part of a broader company plan aimed at divesting billions in foreign assets in order to focus on massive offshore deposits in Brazil.

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