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Petroleo Brasileiro SA Petrobras | 6-K:Petrobras informs on the Addendum to the Cessation Commitment (TCC) for Refining signed with CADE

Petroleo Brasileiro SA Petrobras | 6-K:Petrobras informs on the Addendum to the Cessation Commitment (TCC) for Refining signed with CADE

巴西石油公司 | 6-K:巴西國家石油公司通報與巴西經濟發展委員會(CADE)簽署《停止煉油承諾》(TCC)附錄的情況
美股sec公告 ·  07/05 16:28
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On July 3, 2024, Petroleo Brasileiro SA Petrobras (Petrobras) announced the signing of an addendum to the Terms of Cessation Commitment (TCC) for Refining with Brazil's Administrative Council for Economic Defense (CADE). The original TCC, established in 2019, aimed to maintain competitiveness in the Brazilian refining market. The addendum introduces new obligations for Petrobras regarding the supply of oil and oil derivatives to third parties in Brazil, ensuring competitive practices aligned with the international market. It also suspends administrative investigations by CADE initiated after the TCC's conclusion. Petrobras has released guidelines for marketing petroleum to third parties for sea deliveries, emphasizing the maximization of value generation and competitive pricing. Additionally, Petrobras commits to offering independent refineries in Brazil the chance to...Show More
On July 3, 2024, Petroleo Brasileiro SA Petrobras (Petrobras) announced the signing of an addendum to the Terms of Cessation Commitment (TCC) for Refining with Brazil's Administrative Council for Economic Defense (CADE). The original TCC, established in 2019, aimed to maintain competitiveness in the Brazilian refining market. The addendum introduces new obligations for Petrobras regarding the supply of oil and oil derivatives to third parties in Brazil, ensuring competitive practices aligned with the international market. It also suspends administrative investigations by CADE initiated after the TCC's conclusion. Petrobras has released guidelines for marketing petroleum to third parties for sea deliveries, emphasizing the maximization of value generation and competitive pricing. Additionally, Petrobras commits to offering independent refineries in Brazil the chance to enter a Frame Contract, ensuring a minimum volume of oil availability for monthly trading periods without purchase obligations. The company will also provide CADE with information to verify the non-discriminatory nature of its sales and adherence to the Brazilian Competition Defense Law. The addendum, valid for three years with a possible extension, exempts Petrobras from continuing certain refinery divestments not yet concluded, despite efforts to comply with the original agreement. This development is seen as a consolidation of cooperation between CADE and Petrobras and aligns with the transition of Brazil's refining system.
2024年7月3日,巴西石油公司-巴西石油公司(Petrobras)宣佈與巴西經濟防禦行政委員會(CADE)簽署了煉油終止承諾條款(TCC)的補充協議。原始TCC於2019年建立,旨在維護巴西煉油市場的競爭力。補充協議對巴西石油公司在向巴西第三方供應石油和石油衍生品方面引入了新的義務,確保競爭實踐與國際市場保持一致。它還暫停了在TCC結束後由CADE啓動的行政調查。巴西石油公司已發佈關於向第三方銷售海上石油的營銷指南,強調最大化價值創造和競爭定價。此外,巴西石油公司承諾向巴西獨立煉油廠提供進入框架合同的機會,確保每月交易期間有最低石油供應量而無需購買義務。該公司還將向CADE提供信息以驗證其銷售的非歧視性質和遵守巴西競爭保護法。該補充協議有效期爲三年,可延長一次,並豁免了巴西石油公司繼續進行某些尚未達成的精煉廠剝離,儘管該公司已努力遵守原始協議。此次發展被視爲巴西經濟防禦行政委員會和巴西石油公司合作的鞏固,並符合巴西煉油系統的轉型。
2024年7月3日,巴西石油公司-巴西石油公司(Petrobras)宣佈與巴西經濟防禦行政委員會(CADE)簽署了煉油終止承諾條款(TCC)的補充協議。原始TCC於2019年建立,旨在維護巴西煉油市場的競爭力。補充協議對巴西石油公司在向巴西第三方供應石油和石油衍生品方面引入了新的義務,確保競爭實踐與國際市場保持一致。它還暫停了在TCC結束後由CADE啓動的行政調查。巴西石油公司已發佈關於向第三方銷售海上石油的營銷指南,強調最大化價值創造和競爭定價。此外,巴西石油公司承諾向巴西獨立煉油廠提供進入框架合同的機會,確保每月交易期間有最低石油供應量而無需購買義務。該公司還將向CADE提供信息以驗證其銷售的非歧視性質和遵守巴西競爭保護法。該補充協議有效期爲三年,可延長一次,並豁免了巴西石油公司繼續進行某些尚未達成的精煉廠剝離,儘管該公司已努力遵守原始協議。此次發展被視爲巴西經濟防禦行政委員會和巴西石油公司合作的鞏固,並符合巴西煉油系統的轉型。
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