Global Trade Alert
Global Trade Alert

Brazil: FINEP allocates USD 24 million to oil and gas company

Announcement

19 Nov 2018

The Brazilian government-funded Company of Innovation and Research (FINEP) approved a loan of over BRL 90.5 million to Petro Rio O&G Exploracao e Producao de Petroleo Ltda.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Nov 2018

Revocation date:

19 Nov 2020

Updated: 19 Nov 2018
State loan

On 19 November 2018, the Brazilian Company of Innovation and Research (FINEP) announced the approval of over BRL 90.5 million (over USD 24 million) loan allocated to Petro Rio O&G Exploracao e ...

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