Petrobras Starts Arbitration Against Odebrecht

Immediate Frontier

(Petrobras, 28.Dec.2020) — Petrobras presented today a request for arbitration with an indemnity claim estimated at approximately R$800mn, against Odebrecht S.A., based on the shareholders’ agreement regarding Braskem, for violations of its terms. 

Braskem is not part of this arbitration, which is protected by confidentiality.

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