Petrobras and Unigel starts discussion for joint business involving fertilizers and green hydrogen

Petróleo Brasileiro S.A. – Petrobras informs that it has initiated discussions with Unigel Participações S.A. (Unigel) to analyze joint business involving opportunity development in the areas of fertilizers, green hydrogen and low-carbon projects, in line with the revision of the strategic elements for Petrobras’ Strategic Plan 2024-2028 (SP 2024-28), as disclosed to the market on June 1, 2023.

Petrobras and Unigel signed a non-binding and two-year confidentiality agreement (NonDisclosure Agreement). Only after the conclusion of technical analyses by a multidisciplinary group will any projects arising from the agreement have official estimates of cost and return, necessary for future consideration by internal approval bodies, in accordance with the Company’s governance.

Haseeb Ullah

Haseeb covers the global energy market for both conventional and modern energy resources. His expertise is on the global energy supply chain from generation to distribution and end-users. He has a Master degree in Engineering Management and a Bachelor of Science degree in Electrical Engineering.
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