The PetrolPlaza audio version is presented to you by UNITI expo 2020, the leading retail petroleum and car wash trade fair in Europe.

Petrobras sells entire Paraguay fuel distribution assets to Copetrol

Petrobras has agreed to sell all of its fuel distribution assets in Paraguay, which include a network of 197 service stations, a storage terminal, and operations in three airports for approximately US$ 383.5 million.



Last update:
Author: PetrolPlaza Correspondent Daniel Infante Tuaño

The Brazilian oil company’s entire stake in the companies Petrobras Paraguay Distribución, Petrobras Paraguay Operaciones y Logistics, and Petrobras Paraguay Gas will be sold to Paraguay fuel distribution company Grupo Copetrol.

Grupo Copetrol operates a network of around 350 service stations and storage terminals in Paraguay.

The operation is part of the Petrobras Partnerships and Divestments Program, in line with the 2018-2022 Business and Management Plan, which establishes the optimization of the company’s portfolio.

Related contents

Discuss