Brazil’s new Minister of Mines and Energy wants to privatize Petrobras

Adolfo Sachsida makes statement, avoids talking about changing fuel pricing policy and defends privatization of Eletrobras

RIO DE JANEIRO, BRAZIL - The new Minister of Mines and Energy, Adolfo Sachsida, will commission studies on the privatization of Petrobras and the inclusion of PPSA (Pre-Salt Petroleum) in the government's privatization program. He said this would be his first official act.

"My first official act as Minister of Mines and Energy will be to ask Minister Paulo Guedes, chairman of the PPI (Investment Partnership Program), to propose to the Council the inclusion of PPSA in the PND (National Privatization Program)," Sachsida said.

He added, "As part of my first act as a minister, I also request the . . .

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