Brazil’s Petrobras Spends US$ 2.5 Billion in 26 Oil Tankers

Transpetro, subsidiary of the Brazilian oil company Petrobras for the logistics and transportation sector, announced yesterday, July 12, the conclusion of negotiations with the Atlântico Sul consortium for building ten large sized oil tankers, of the Suezmax kind (with draft to sail by the Suez Channel).

They also ended the first phase of the tender in the Program for Modernization and Expansion of the National Fleet of Tankers for building 42 large sized vessels.

The 26 vessels foreseen in the first phase of the program will cost the state-owned company US$ 2.48 billion, in orders to the national shipyards. Of this total, US$ 1.209 refer to the Suezmax tankers.

The Rio Atlântico consortium is formed by the groups Andrade Gutierrez, Camargo Corrêa and Queiroz Galvão, as well as the shipyard Aker Promar.

In the negotiations with the group, Transpetro managed to reduce to US$ 120.9 million the average price of the ships – the value initially offered by the consortium was of US$ 141 million.

Last month, the subsidiary of Petrobras signed negotiations for building 16 ships costing US$ 1.27 billion – value 16.2% below the price presented by the shipyards.

In this case, in spite of the reduction, the price of the tankers was still up to 3% above the international average price for building similar vessels.

Tags:

You May Also Like

Brazil May Be a Country, But It’s Not a Nation

In order to be a country, only a territory and a president are needed. ...

Brazilians Won’t Need a Visa to Visit the US Anymore

President Bush has signed legislation allowing citizens of 12 more countries, including Brazil, to ...

3.8 Million Kids Still Working in Brazil

Child labor has declined in the Brazil by 1%, on the average, between 2002 ...

Brazilian Shaman Urges World to Sign Indian Rights Law

Davi Kopenawa, a Yanomami shaman from the Brazilian Amazon, dubbed "the Dalai Lama of ...

Gas Retailers in Brazil Accuse Sugar Mill Owners of Lack of Scruples

According to the Retail Fuel Merchants’ Syndicate (Sindicomb), the problems that the Brazilian federal ...

Despite Appearances Brazil Has Long Way to Go on Gay Partnership Road

Gay couples are rejoicing in California, where they have recently obtained the right to ...

After Shots and Tear Gas Brazil Calls on Haiti to Reconcile and Find Peace

In a note the Brazilian Foreign Ministry (Itamaraty) called on Haitian politicians "to reach ...

Brazilian Wine Makers Showcase their Spirit in San Francisco and NY

Leading wineries of Brazil will host their first West Coast tasting on September 12, ...

Brazil’s Petrobras Raises to US$ 7.1 Bi Its Investments Overseas

Brazil’s state oil company Petrobras plans to invest US$ 7.1 billion abroad over the ...

The Chinese Are in Brazil to Learn All on Ethanol

A Chinese mission is in Brazil for a series of visits and meetings in ...