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Price of gasoline depends on the impact on Petrobras, says Lula

This article was translated by an automatic translation system, and was therefore not reviewed by people.


 


President Luiz Inácio Lula da Silva said this Wednesday (18) that any decision on the price of fuel depends on the evaluation of the impacts of the finances of Petrobras. In an interview after visiting the terminal for liquefied natural gas (LNG) from the Bay of Guanabara, Lula said that the issue is not yet under discussion, but the government would have to listen to Petrobras before taking any decision on the issue.

"Petrobras has a huge contribution to the primary surplus," said the president, explaining the importance of analyzing the financial impacts to the state of a reduction in fuel prices.

Asked about the issue, the president of Petrobras, José Sergio Gabrielli, signaled that there will be no reduction of prices in the short term, but analysts estimate that prices charged by gasoline and diesel in Brazil are well above the average prices prevailing in the external market. "We have always said that we will not pass or when an outbreak of high price or when an outbreak of low price," said Gabrielli. He noted that the devaluation of the real helped to avoid a gap in the prices even higher.

Gabrielli also said that if the domestic price is very expensive, the law allows the import of fuels from other distributors. "The Brazilian market is open and has more than 250 distributors that can import when you want," he said.

The president of Petrobras then denied that the candidate will no elective office in 2010, to answer the question of whether journalists would be a candidate for any office in Congress.



Source: State Agency

This article was translated by an automatic translation system, and was therefore not reviewed by people.

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