Lula signals that Petrobras will repurchase the Mataripe Refinery.

President Luiz Inácio Lula da Silva stated this Friday (20) that the Petrobras may repurchase the Mataripe Refinery., located in Bahia. “We are going to buy back the refinery in Bahia. It may take a while, but we will,” declared the president during an event at the Gabriel Passos Refinery (Regap), in Minas Gerais, alongside the president of the state-owned company, Magda Chambriard. The unit, formerly known as RLAM (Landulpho Alves Refinery)), was sold in 2021, during Jair Bolsonaro's government, to Acelen, controlled by the Mubadala Capital fund.

This text was translated by machine from Brazilian Portuguese.