Part of the strategy to divest non-integrated downstream assets in Latin America

Repsol sells its Brazilian LPG business for 20 million euros

Press Release 20/10/2011 00:00
  • Repsol has sold its LPG business Repsol Gas Brasil to the company Ultragaz, market leader in LPG in Brazil and a subsidiary of the Ultrapar group.
  • The operation will result in an estimated net capital gain of 10 million euros for Repsol.
  • The company will focus all its investment efforts in the country on the exploration and production activities of Repsol Sinopec Brasil.

20 October 2011 - 00:00 CEST | PDF | 252.89 KB