26 May 2010 06:14 [Source: ICIS news]
SHANGHAI (ICIS news)--China Development Bank (CDB) will provide a $10bn (€8.1bn) loan to Brazil’s Petrobras in exchange for a supply of ?xml:namespace>
Under the loan agreement that was signed on 19 May, Sinopec will receive
Petrobras is one of the largest petroleum companies in
The loan from CDB will be used mainly to fund the exploration of oilfields in southeast Brazil, according to a source from Petrobras.
($1 = €0.81)
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