Petrobras Clarifies Contract with Braskem

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(Petrobras, 22.Jul.2015) – In regard to the news published by the press on the Braskem contract, Petrobras would like to make it clear that the naphtha supply contract between Petrobras and Braskem was examined by an Internal Investigative Committee set up after the company had access to the state’s evidence agreement signed by Alberto Youssef and Paulo Roberto Costa.

Based on its investigations and in compliance working within its brief, the committee identified certain irregularities in the internal approval procedures for the contract to supply petrochemical naphtha to Braskem, signed in Jul.2009.

Petrobras has taken appropriate administrative steps and forwarded the committee’s final report to the Federal Prosecution Office (MPF) and Paraná state’s Regional Superintendence of the Federal Police Department so that further investigations can be conducted by the competent authorities.

The Braskem contract is now being investigated within the framework of operation Lava-Jato, which has already received ample media coverage.

Finally, the company states that other measures are still under evaluation and full cooperation with the authorities is ongoing.

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