President of Petrobras says decision on drop in prices is political and economic
This article was translated by an automatic translation system, and was therefore not reviewed by people.
When oil prices are stabilizing in the international market, both the diesel and gasoline have reduced their prices, said the president of Petrobras, José Sergio Gabrielli, this Thursday. He dismissed the fall only in the price of diesel, as has been speculated on Wednesday and denied that the issue is being cause of tension between he government. The day before, the Minister of Finance, Guido Mantega, said that the price of diesel would drop. The government created a committee of technicians from Petrobras and the ministries of Finance and of Mines and Energy to assess a reduction in value of fuel and gasoline.
-What I said was exactly what the Minister Mantega also said yesterday (Wednesday): that prices will fall at some point, but that depends on the stabilization of prices in international market - said Gabrielli.
However, the Petrobras president admitted that the decision on the change in prices will also be political.
- The decision is not only political and not only economic. It's always those two things when you have a company that produces 99.9% of fuel in the country. So it is clear that this company can not think only of the business point of view, because the macroeconomic impacts of it are - explained the executive.
A drop in fuel prices is expected by the market, after oil prices experienced in the midst of international crisis.
But even directors of Petrobras has said that the reduction occurs only when the scenario of oil prices was more consolidated, and after that the state recover losses it recorded when not raised fuel prices last year in the midst of record oil. The negotiated barrel in New York came to cost $ 147 in July 2008. Currently he is worth about $ 50.
Gabrielli denies irregularities in contracts with NGOs linked to the PT
In quick interview with Reuters before speaking to journalists at the World Economic Forum for Latin America, news of the Gabrielli said that Petrobras would be sponsoring municipalities dna Bahia, as a way to elect him senator.
Second report of the newspaper "Folha de São Paulo", Petrobras contracted an NGO led by Sena da Conceição Alden, vice president of the PT of Bahia, to manage U.S. $ 1.4 million for financing the festival of St. John in the communes the State in 2008.
- It is doubly a liar news, because I am denying that the senator and the candidate sponsoring the celebration of St. John is a distribution of resources to areas where cultural feast of St. John is to give visibility to Petrobras - said the executive.
According to Gabrielli, the 44 cities where the festivities are held only eight would be the PT.
- Tendentious material is ordered, is a political dispute - Gabrielli said without citing names, but discarding comments in the media that the aim of the complaints would weaken him in command of the state.
- I believe it to my office. Would not use the holidays to Bahia to do so. It is someone who is a candidate for senator or another office in Bahia - evaluated.
Source: The Globe
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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