Petrobras was the winner of the spot sales process promoted by PPSA (Pré-Sal Petróleo S.A.) this Wednesday, 19, to commercialize two loads of Federal Government’s oil from the Itapu field, with an estimated volume of 500 thousand barrels each. The auctioned cargo is expected to be loaded by July 2025. 

Price offers were opened in real time at a meeting held with the participation of representatives from five companies who submitted written proposals. After the opening, there was a dispute, in a loud voice, between Petrobras and Petrochina. 

This was the first spot sale made in 2025 by PPSA. In parallel, the company continues to prepare for the 5th Federal Government Oil Auction, scheduled for June, at B3, in São Paulo. The event foresees the sale of approximately 70 million barrels of oil from the Federal Government, originating from the Mero, Búzios, Sépia, Itapu, and Norte de Carcará fields, referring to production in 2025 and 2026.