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Brazil's Petrobras To Hike Gas Price By 12% -Report

Brazils Petrobras To Hike Gas Price By 12% -Report
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Παρ, 15 Απριλίου 2011 - 18:10
The Brazilian state-run energy company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, will hike natural gas price by 12%, reported in its Friday edition the local newspaper O Estado de Sao Paulo.
The Brazilian state-run energy company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, will hike natural gas price by 12%, reported in its Friday edition the local newspaper O Estado de Sao Paulo.

The hike will take place beginning May 1, said the newspaper, which did not unveil where it obtain the information.

Petrobras' main consumers of natural gas are local industries and electric generators.

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