Sergio Gabrielli: Petrobras' policy is suicidal.
In an interview with Bob Fernandes on TVE Bahia, former Petrobras president Sergio Gabrielli criticizes the company's pricing policy: "This solution that the government found to maintain Petrobras' adjustment policy, compensate the company with variations, with tax reductions, and at the same time guarantee that prices will remain relatively stable for 60 days is a time bomb."
Bahia 247 - In an interview with Bob Fernandes on TVE Bahia, former Petrobras president Sergio Gabrielli criticizes the company's pricing policy: "This solution that the government found to maintain Petrobras' adjustment policy, compensating the company with variations, with tax reductions, and at the same time guaranteeing that prices will remain relatively stable for 60 days is a time bomb, because if prices rise, the R$ 13 billion allocated will rise much more, which makes it unfeasible and unsustainable in terms of government accounts. It's a suicidal policy from a future perspective."