Petrobras gets financing agreement with China

Petróleo Brasileiro S.A. has executed with China Development Bank Corp. the first facility agreement of a cooperation arrangement to be implemented during 2015 and 2016.

Offshore staff

RIO DE JANEIRO –Petróleo Brasileiro S.A. has executed with China Development Bank Corp. the first facility agreement of a cooperation arrangement to be implemented during 2015 and 2016.

This contract represents a $3.5-billion facility agreement, to be withdrawn by Petrobras Global Trading BV – PGT.

In addition, the parties confirmed the intention of developing new cooperation in the near future.

04/01/2015

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