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Petrobras.(Brazil)(Petroleo Brasileiro S.A. investments in stake)(Brief Article)


PETROBRAS, Brazil's state-owned oil company, paid US$19 million to Brazil's PRS Energia for its 7% stake in TermoRio. which will be the largest thermoelectric plant using natural gas in South America. Petrobras now owns 50% of the plant. Petrobras has invested more than $457 million in TermoRio.

COPYRIGHT 2004 Freedom Magazines, Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

NOTE: All illustrations and photos have been removed from this article.


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