New president of Petrobras argues that fuel price regulation should be based on the domestic market
The new president of Petrobras, John Paul Prateswant to take advantage of the trip to USA this week to reinforce ideas of the president’s government Luiz Inacio Lula da Silva (PT) on sustainability, connection with the future, concern for renewable energies, in addition to issues related to the state-owned company’s international price parity policy, in which he advocates applying changes. Prates went to the US to participate in an international energy conference. According to him, in recent years, especially in the Bolsonaro administration, issues involving sustainability, the environment, investments in renewable energy, what he calls a connection with the future, have been overlooked. Prates must defend these positions. As for the PPI and the changes he advocates, Prates says that the price will be whatever the domestic market sets, and Petrobras will be the best option for its customers. Prates has been sharing messages on social networks to reinforce this idea, arguing that the PPI only favors Petrobras’ competitors in the domestic market. He also says that the company will follow the price that ensures the oil company the largest market share in each of the segments in which it operates.
*With information from reporter Rodrigo Viga