Petrobras Receives Binding Offers For Liquigás

(Petrobras, 23.Aug.2019) — Petrobras, in relation to the news reported in the media, clarifies that as part of the competitive process of divestment of its entire stake in Liquigás Distribuidora S.A. the consortium formed by Itaúsa, Copagaz and Nacional GásButano presented the best binding offer for the acquisition of this company.

Therefore, the consortium was invited to participate in the negotiation phase of the contracts. Petrobras will disclose to the market the subsequent stages of the project in accordance with its Divestment Methodology, that is aligned with Decree 9,188/17.

This operation is in line with the company ́s portfolio optimization and improvement of capital allocation, aiming at creating value for our shareholders.

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