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Brazil’s Petrobras to appeal injunctions that suspended gas readjustment

RIO DE JANEIRO, BRAZIL - "In these cases in which injunctions were granted, Petrobras will lodge the appropriate appeals and claims in order to establish a market price for the sale of gas," the company said, without detailing the sources of the judicial decisions.

Rio de Janeiro was among the states that secured an injunction against the readjustment.

In the lawsuit filed against Petrobras in Rio de Janeiro, the readjustment rule imposed on Naturgy concessionaire was contested, which could raise by up to 50% the price currently charged for gas supply, according to a note from the State Legislative Assembly (ALERJ . . .

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