March 31, 2018 / 3:07 PM / 20 days ago

Petrobras plans to sell a 25 pct stake in its refineries- newspaper

SAO PAULO, March 31 (Reuters) - Brazilian state-controlled oil company Petróleo Brasileiro SA is planning the sale of a 25 percent stake in its refinery capacity, newspaper Folha de S. Paulo reported on Saturday.

Petrobras, as the company is known, would put together its refineries in two groups located in Brazil´s south and northeast, Folha said, without citing how it obtained the information.

Petrobras said in an email to Reuters that no decision has been made yet about its refineries. (Reporting by Carolina Mandl Editing by Bill Trott)

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