Petrobras is analyzing its formal application for access to the government subsidy program for imported LPG, established under Provisional Measure No. 1,349

The Executive Directorate of Petrobras approved, on this fourth day (8/4), the neutralization of the effects of the differential price of petroleum gas (LPG) carried out by the company on 31/3/2026. The decision, supported by economic and risk analyses, takes into account the exceptionality of the current marketing context, due to the conflict in the Middle East. Also consider the statements of control and regulatory bodies, such as ANP and the National Consumer Secretariat (Senacon).

The delivery of all the contracted volumes without delay

Petrobras will therefore return to clients the values reflecting the difference between the Import Parity Price (PPI) disclosed by ANP for the period from March 23 to 27 and the releases made by the distributors participating in the contest. The company guarantees the delivery of all the contracted volumes without delay, maintaining the predictability and security of the national supply.

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The government subsidy program for imported LPG, 

Additionally, Petrobras is analyzing its formal application for access to the government subsidy program for imported LPG, established under Provisional Measure No. 1,349. If it is confirmed to the company's management and it is observed that the volumes collected are not reached by the program, Petrobras will also return to clients the values ​​supported by the subsidy.

Related : The oil majors' production in the Middle East

About : Petrobras 

Petrobras is a Brazilian oil and gas company founded in 1953 to engage in the exploration, production, refining, and transportation of domestic petroleum and petroleum products. Originally a state-owned monopoly, Petrobras remains majority-owned by the state, but now competes against both Brazilian and foreign companies. The company also forms partnerships with domestic and foreign companies and operates in more than 25 countries worldwide. It is the largest corporation in Brazil and South America. Its headquarters are in Rio de Janeiro.

#Petrobras #Brazilian oil # LPG fuel price # Middle East #(Senacon) #government subsidy program