Bolsonaro complains that Petrobras is swollen to make money

Bolsonaro complains that Petrobras is swollen to make money

“I hope that Petrobras does not want to increase diesel and gasoline in these days when we are negotiating with Parliament” the reduction of the fuel tax, said the president last night in his usual broadcast from Brasilia live on social networks. .

Petrobras is swollen to make money on the (price of) diesel. It is up there based on taxes and also based on the price charged by Petrobras,” Bolsonaro continued.

It is not ruled out that this Friday or next week the company will announce an increase in fuels with its probable impact on the inflation which in May showed an accumulated increase of 11.7% in the last twelve months.

Petrobras, a state-owned public company with shares listed on the New York and São Paulo stock exchanges, raised the price of diesel by 24.9% in March and 8.8% in May due to the increase in oil in the global market due to the war in ukraine.

Faced with this price policy, Bolsonaro fired the president of the oil company, General Joaquim Silva e Luna, in March and in May fired his successor, José Mauro Coelho.

In any case, Coelho’s formal departure will occur when the company’s Board meets and calls the Assembly.

In this sense, Bolsonaro said yesterday that “the government hopes that the Council will meet, because the Council does not want to meet to decide on the change of president” of Petrobras.

Source: Ambito

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