The company has no plans to file an injunction to stop the temporary tax, which is in effect from Feb. 28 through June 30.
Petrobras’ CEO does not expect the tax to extend past 4 months.

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Petrobras may export less crude after the Brazilian government announced a 9.2% tax on oil exports last week.

The company has no plans to file an injunction to stop the temporary tax, which is in effect from Feb. 28 through June 30.
Petrobras’ CEO does not expect the tax to extend past 4 months.

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Brazilian Temporary Tax to Impact Crude Exports: Petrobras CEO