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 Celebrating WTO Victories Against US and EU

Brazil’s Ministry of Foreign Relations is commemorating two World Trade Organization decisions that were favorable ...

Brazil Plans to Harvest 121 Million Tons of Grain

The first study of sowing intentions for the Brazilian 2006/2007 crop, disclosed in Brazilian ...

Brazilian prostitute

Memories of My Good Friend, a Brazilian Whore

I had not thought to publicize my stroll through the world of prostitution until ...

Without Arraes, Brazil’s Left Is Completely Orphaned

Without Leonel Brizola, without Luis Carlos Prestes, without Darcy Ribeiro, without Celso Furtado, without ...

Brazil’s Agro Research Czar’s Dream: Attune Technology and Environment

Pedro Antonio Arraes Pereira, the Brazilian researcher and engineer  who assumed the presidency of ...

FTAA: …And Brazil Was Left Alone

The U.S. was incensed at Brazil in Port of Spain. Brasília proposed that Americans ...

Brazil: 9,000 Strong Police Force to Secure Arab Summit

Around 9 thousand police and security personnel will be mobilized to guarantee the security ...

Number of Jobs Up 3.5% in Brazil, But Real Wages Grow a Meager 0.1%

The salary mass of Brazilian families rose 3.6% between April and June, in comparison ...

Brazil Hoping All Meat Embargo by Russia Will End Soon

Russian and Brazilian technical experts are working together to try to reach an agreement ...

How the Effort of Brazil’s Senate Chief to Muzzle the Press Backfired

Although the Brazilian constitution defends freedom of speech and Brazil has proclaimed itself a ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`