CERAWEEK-Petrobras in favor of dialogue first, then fight on oil export tax -CEO

Kitco Media
By Reuters
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Reuters
HOUSTON, March 8 (Reuters) - Brazil's state-controlled oil company Petrobras is in favor of dialogue first, then a fight if necessary on a recent tax imposed on crude exports from the South American country, the company's Chief Executive Officer Jean Paul Prates said on Wednesday. The government announced this week it will tax crude oil exports for four months to compensate for its decision to partially maintain a tax exemption on fuels. "I think that by dialoguing for the better solution, we might not have to fight," Prates told journalists at the CERAWeek energy conference in Houston.



(Reporting by Marianna Parraga and Richard Valdmanis)

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