10 Mar 2010 - by PreSalt.com - Source: Agencia Brasil
The investment planned by Petrobras (Bovespa: PETR3/PETR4, NYSE: PBR / PBRA, Latibex: XPBR / XPBRA, BCBA: APBR / APBRA) for this year will total Real $ 79.5 billion, not Real $ 85 billion, as was informed (8/Mar) Minister Dilma Rousseff, chief of staff of the Presidency and Chairman of the Board of Directors state.
The company reported message about clarification on their investments this year, reporting that, like other state enterprises, referred to the federal government to draft Program of Global Expenditure (PDG) and the Annual Budget Investments (OAI) for 2010 which presents the consolidated information and, separately, each company of Petrobras System. Subsequently, the information will be subject to examination and approval of Congress.
In the proposal submitted by Petrobras to the federal government, the investment budget cap is Real $ 79.5 billion. The note also informs the company that the business plan of the Company for the period 2010 to 2014, which had its release delayed, is still under discussion and will be "widely disseminated" after its adoption.
About results of 2009, the note said, according to the schedule the company's annual meeting of the Board of Directors will be held on 19th of this month. If the date is confirmed, the note said, the board may consider the results of the fourth quarter and fiscal year 2009.
The data also show that the total planned investment, the area of exploration and production at Petrobras, including the operation of the layer of pre-salt (sub-salt) will be left with Real $ 35.69 billion, the Supply and Refining, with Real $ 30 , 76 billion, the Gas and Energy, with Real $ 4.82 billion, the International, with Real $ 6.01 billion, the Distribution, with $ 660 million, the Biofuels, with Real $ 760 million, and Corporate Real $ 1.76 billion.
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