Petrobras approves joining new R$1/L diesel subsidy
Petrobras’s board approved joining a new Brazilian diesel subsidy program that adds to an existing subsidy, with cumulative per-liter benefits and contingent on final regulations.
Rhea-AI Filing Summary
PETROBRAS - PETROLEO BRASILEIRO SA (PBR) reports that its Board of Directors approved participation in a new Brazilian economic subsidy program for producers and importers of diesel fuel and blending components, created by Provisional Measure No. 1,391 of September 11, 2026.
The program, regulated by Ministry of Finance Ordinance No. 2,813, provides a R$1.00 per liter subsidy on road-use Grade “A” diesel fuel for 30 days, with the possibility of a further 30-day extension. This participation is in addition to an existing subsidy of R$1.12 per liter under Provisional Measure No. 1,363/2026, and the benefits of both subsidies are cumulative.
Execution of Petrobras’s participation agreement depends on the publication and review of additional regulations under Provisional Measure No. 1,391/2026. The company states that joining this voluntary program aligns with its commercial strategy focused on market share, refining optimization, and sustainable profitability, while limiting immediate pass-through of temporary international price and exchange-rate volatility.
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Key Figures
Key Terms
economic subsidy program financial
Provisional Measure regulatory
Ministry of Finance Ordinance regulatory
road-use Grade “A” diesel fuel technical
sustainable profitability financial
FAQ
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What did Petrobras (PBR) announce in this Form 6-K?
What is the subsidy level and duration in Petrobras’s new diesel program?
How does the new Petrobras diesel subsidy relate to the existing one?
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