Thursday, January 23, 2020

Opening of the oil and gas market makes Sindicom seek new association

With the opening of the oil and gas market for the private sector, Sindicom, representative of major distributors such as BR, Shell and Ipiranga, will no longer be an independent entity. The idea is to ally with another broader organization. One of the alternatives is the IBP, which brings together large oil companies. United and separated. The assessment of fuel heavyweights is that it makes no more sense to act in a segmented way, given the possibility of distributors buying refineries. Even BR, if Petrobras undoes the remaining share in the company. Shell also competes for the purchase of the refining of the state- state.
O Estado de S.Paulo - 23/01/2020 News Item translated automatically
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